Markets were up today, as Buyers returned back into the Strongest Leaders on “Fear of Missing Out”. Volume was Low as Smart Money loaded up on the FEAR in March, and are waiting for a reason to take profits. With FED Printing at full speed, few are concerned about the high Stock valuations. The S&P 500 Index was able to Close above 3238 to remain Bullish.
Many Leaders did not quite return back down into the Green Zones for Money Wave Buy Signals. Some of them that did “Gapped Up” today, and will not be logged. This can be very frustrating, but it tells us that Investors have become very Emotional and will start making mistakes.The better trades happen when the S&P 500 Index is also in the Green Zone. (The S&P 500 is back up in the Red Zone).
Please remember that the Markets are up 46% from the March Lows, and are over-bought from “Good News” Buyers.
Bonds were up slightly today.
Crude Oil was up $0.15 today at $40.72.
Penny Stocks are very risky, and we try not to follow them. But if you are going to Buy them anyway, at least Buy them from Tammy in the Green Zones.
BUYS TODAY 7/20/2020
AMZN AMAZON.COM Money Wave Buy today. AMZN will not be logged as it is already up 7.4 % today.
ASHR CHINA 300 FUND Money Wave Buy today. ASHR will not be logged as the Volume is below average of 4.7 MIL.
CRWD CROWDSTRIKE HOLDINGS Money Wave Buy today. CRWD will not be logged as it is already up 5 % today.
NIO NIO INC. Money Wave Buy today. NIO will not be logged as it is already up 15 % today.
PTON PELOTON INTERACTIVE Money Wave Buy today. PTON will not be logged as it is already up 11 % today.
UPWK UPWORK INC. Money Wave Buy today. UPWK will not be logged as it is already up 5.3% today.
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.)
SOLO ELECTRAMECCANICA VEHICLES Buy above $3.59 with a Sell Stop Loss 3% lower.
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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.
GNUS GENIUS BRANDS INT’l. Buy above $2.47 with a Stop 3% below. (2nd Buy Entry soon).
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.
UONE URBAN ONE INC. Buy above $17.50 with a Sell Stop Loss 3% below.
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).
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SELLS TODAY
GNUS GENIUS BRANDS INT’l. LOWER the Sell Stop Loss to the Green Line around $1.40 until it bottoms. This trade was not logged.
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.