Money Wave Alert! Nov 13, 2020

POST UPDATED: November 13, 2020

Table of Contents

SPX Hourly Chart
The S&P 500 Index is re-testing Monday’s High.

Markets were up today as the Indices need to re-test Monday’s Highs. The Indices did not come down enough to reach the Green Zones for more Money Wave Buy Signals yet. The Small Cap Index or Russell 2000 is currently the Strongest major Index.

New Subscribers: Markets are coming down from the Red Zones so now we must be patient and wait for the Leaders to return back down to their Green Zones. The better trades happen when the S&P 500 Index is also in the Green Zone. 

Bonds  were down slightly today. 

Crude Oil was down $0.98 today at $40.14.

BUYS TODAY    11/13/2020   

OSTK      OVERSTOCK.COM      Medium Term Buy today. Target is $75.00.  EXIT if it is going to Close below the Green Line of $45.86.    

 

LAC      LITHIUM AMERICAS      2nd Money Wave Buy today.  LAC will not be logged as it is already up 8.8 % today. 

We will “Not Log” trades if the Reward/Risk is not at least 2:1.   

JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)   

MGNI      MAGNITE INC.

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WATCH LIST

HOME     AT HOME GROUP        Buy above $15.09 with a 5% Trailing Sell Stop Loss below it.

BBBY      BED BATH & BEYOND      Money Wave must Close in the Green Zone.     

CYH      COMMUNITY HEALTH

FSLR      FIRST SOLAR INC.

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.)       

These Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.      

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   

MRNA      MODERNA INC     Hit the Target of $85 yesterday for a 27.64 % Gain in the Long Term Portfolio.

Click for  CURRENT POSITIONS  and adjust your Sell Stops.   
Click for  CLOSED POSITIONS,   

NEW: MY DASHBOARD

PENNY STOCK WATCH LIST
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM   
TOP 100 LIST Updated Nov 4, 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.   

HAVE A SAFE WEEKEND!

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