Money Wave Alert! Sep 8, 2020

POST UPDATED: September 8, 2020

Table of Contents

SPX Chart
The S&P 500 Index is finally back down in the Green Zone for Money Wave Buys soon.

Markets were lower today as the Indices needed to re-test Friday’s Lows.  Some of the Indices went slightly lower, but most are becoming over-sold and should bounce soon. Try to Buy only the very Strongest Leaders that are able to hold above their Red Lines (50-day avgs.). This is the kind of tradable pull-back that we have been waiting for. 

Please WAIT for the many Leaders below to pop up out of the Green Zones for Money Wave Buy Signals soon. The better trades happen when the S&P 500 Index is also in the Green Zone. (Now the S&P 500 is finally back down in the Green Zone).

Please remember that the Markets are up 52 % from the March Lows, and are over-bought from extreme Confidence and Hope. 

Bonds  were up today. 

Crude Oil was down $2.67 today at $37.10.

BUYS TODAY    9/8/2020   NONE TODAY 

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

FLDM      FLUIDIGM CORP.      Buy above $6.19 with a 5% Trailing Sell Stop Loss below it.  

VXRT     VAXART INC.      Buy above the Pink Line of $5.78 with a 5% Trailing Sell Stop Loss below it. (2nd Buy Signal soon).   

W      WAYFAIR INC.      Buy above $272 with a 5% Trailing Sell Stop Loss below it.

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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.    

AAPL      APPLE INC.    Money Wave must Close in the Green Zone.     

ADT       ADT INC.      Buy above the Pink Line of $10.78 with a 5% Trailing Sell Stop Loss below it.  

AMD      ADVANCED MICRO      Money Wave must Close in the Green Zone.     

DOCU      DOCUSIGN CORP.      Money Wave must Close in the Green Zone.   

HOME     AT HOME GROUP      Buy above $15.87 with a 5% Trailing Sell Stop Loss below it.

OSTK     OVERSTOCK.COM INC.

PBI      PITNEY BOWES INC.

PLUG     PLUG POWER INC.      Money Wave must Close in the Green Zone.     

PRTS      CAR PARTS.COM

SLV      SILVER FUND

SMH      SEMICONDUCTOR FUND     

TSLA      TESLA INC.

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   NONE TODAY

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.   

 

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