Markets were up today as the Markets became extremely over-sold, and Oil Prices rallied. Investments that are still above their Green Lines should bounce well when the FEAR SELLING is over.
So far the Strongest Leaders are holding up well on this pull-back (Bullish). The higher Volume Leaders are: AAPL ABBV BMY MSFT NLOK PLUG SHOP & TSLA) and should be good to Buy if the Markets bounce soon. The NASDAQ 100 Index is trying to Close back Above the Green Line, but the DOW 30, S&P 500, NYSE & Small Cap Indices are much weaker.
Bonds were down big today, and are very over-bought.
Crude Oil was up $3.42 today at $34.55.
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The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 3/10/2020
RNG RING CENTRAL INC. Money Wave Buy today. Target is $245.00. EXIT if it is going to Close below $195.58.
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
“JUMP START” Candidates: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
SHOP SHOPIFY INC. 2nd Money Wave Buy soon.
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DOCU DOCUSIGN INC. Money Wave must Close in the Green Zone.
MSFT MICROSOFT CORP. 2nd Money Wave Buy soon.
TSLA TESLA INC. 2nd Money Wave Buy soon.
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Click on 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
NK NANTKWEST INC. LOWER the Sell Stop Loss below the Green Line of $2.95 on the Close until it bottoms.
Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW! TOP 100 LIST Updated Mar 9, 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.
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