SPX Chart

 

Markets were mixed up as Investors are waiting for a Stimulus Plan very soon. Many of the Indices are now back down in the Green Zones for Buy Signals soon. The Watch List has grown so large that we won’t list them all. Try to Buy Investments that hold above the Red Lines (50-day avgs.)

New Subscribers: Now the Strongest Leaders and Indices are back down into the Green Zones for Money Wave Buys soon. The better trades happen when the S&P 500 Index is also in the Green Zone (like now).

Whacky valuation of the week:  Snap Chat (SNAP) loses money, but is worth more than DELL Computer.

Bonds  were down again today. 

Crude Oil was down $1.67 today at $40.03.

BUYS TODAY    10/21/2020    NONE TODAY

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

AAPL      APPLE INC.

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WATCH LIST

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.     

BE      BLOOM ENERGY

FSLY      FASTLY INC.

ITB      HOME BUILDING FUND  

NVTA      INVITAE CORP.

QQQ      NASDAQ 100 FUND

SAVA      CASSAVA SCIENCES INC.

WKHS      WORKHORSE GROUP

WWR      WESTWATER RESOURCES    Buy above $5.16 with a 5% Trailing Sell Stop Loss on Monday.     

Z    ZILLOW GROUP

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

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   

DKNG      DRAFTKINGS INC.      LOWER the Sell Stop Loss below $41.00 until it bottoms.     

PIC      PIVOTAL INVESTMENT GROUP      EXIT if it is going to Close below $10.10.

PLUG      PLUG POWER      We got sucked in too early yesterday.  LOWER the Sell Stop Loss below the Red Line around $13.76 until it bottoms. 

RUN      SUNRUN INC.    LOWER the Sell Stop Loss below $56.00 until it bottoms. 

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 Oct 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. 

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