Markets were up slightly today as the Indices are slowly creeping back up to the September Highs. The Small Cap Index was able to go higher than in September. Many of the Leaders are back up near the Red Zones (probably too late to Buy for the Short Term).
Many of Current Positions have popped up, and now most have Stops below the Pink Lines (10-day averages). Normally the Strongest Investments will go back up to retest the early September Highs.
Please be patient and WAIT for the Strongest Leaders to come back down into the Green Zones for Money Wave Buys. The Watch List is growing again.
Bonds were up slightly today, trying to bounce at the 200 day average.
Crude Oil was up $1.28 today at $41.23.
BUYS TODAY 10/8/2020
GME GAMESTOP CORP. GME was Halted around 2 pm, News came out and it popped up 20%. GME will not be logged.
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.)
PIC PIVOTAL INVESTMENT GROUP Buy above $10.79 with a 5% Trailing Sell Stop Loss below it on Friday.
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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.
SLV SILVER FUND Wait to Buy around $21 soon.
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
FCX FREEPORT MCMORAN The Target was Hit at $17.20 today for a 10.2 % Gain.
GOGO GOGO INC. The Target was Hit at $11.00 yesterday for a 13.5 % Gain.
SMH SEMICONDUCTOR FUND The Target was Hit at $182.00 today for a 7.9 % Gain.
Click for CURRENT POSITIONS and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW PENNY STOCK WATCH LIST
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
NEW TOP 100 LIST Updated Sep 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.