Markets gapped up today as some Big DOW Stocks had better than expected Earnings, and the DOW Index has been lagging the Stronger Indices. The S&P 500 Index went back up to re-test yesterday’s High, but was not able to make progress.
Many of the Strongest Leaders are correcting down slowly and are almost back down to the Green Zones for Money Wave Buys soon
Please WAIT for the Leaders to return back down into the Green Zones for Money Wave Buy Signals. The better trades happen when the S&P 500 Index is also in the Green Zone. (The S&P 500 is still up near the Red Zone).
Please remember that the Markets are up 44% from the March Lows, and are over-bought from “Good News” Buyers.
Bonds were down slightly today.
Crude Oil was up $0.81 today at $41.10.
BUYS TODAY 7/15/2020
CERS CERIS CORP. Wave Buy today. CERS will not be logged as the Volume is below average of 2.1 MIL.
YY JOYY INC. Relative Strength is Below 90, so YY does not meet the Rules.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
“JUMP START” Candidates: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
GNUS GENIUS BRANDS INT’l. Buy above $2.47 with a Stop 3% below. (2nd Buy Entry soon)
UONE URBAN ONE INC. Buy above $17.50 with a Sell Stop Loss 3% below.
____________________________________________________________________________________________________________________________________________________
Money Wave Buys Signals Soon (3 Days-3 Weeks Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
CRWD CROWDSTRIKE HOLDINGS Money Wave must Close in the Green Zone.
FSLY FASTLY INC. Money Wave must Close in the Green Zone.
IZEA IZEA WORLDWIDE INC. Buy above $1.24 with a Stop 3% below. (2nd Buy Entry soon).
JD JD.COM INC. Money Wave must Close in the Green Zone.
NKLA NIKOLA CORP. Wait to Buy around $46.
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
Emotions are very high now, so please do not Buy unless you are VERY NIMBLE.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
___________________________________________________________________________________________________
SELLS TODAY NONE TODAY
Click for CURRENT POSITIONS and adjust your Sell Stops.
Click for CLOSED POSITIONS,
ARE YOUR iNVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
NEW TOP 100 LIST Updated July 2, 2020
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and out of the Green Zone).
Don’t Buy if the Investment has already popped up too much. Money Wave Buys are usually good for a 3-6 % move in a few days.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Related Post
– S&P 500