Markets were down today, as the S&P 500 Index is back down near the 50-day average at 3004 and should bounce up.
The Leaders are coming down from the Red Zones. Please WAIT for the Strongest Indices and Leaders to return back down into 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 (almost there!).
Remember that the Markets have bounced up about 39 % from the March Lows, and were very over-bought from “Good News” Buyers.
Bonds were up again today.
Crude Oil was down $0.55 today at $38.17.
BUYS TODAY 6/26/2020
BCRX BIOCRYST PHARMA. Money Wave Buy today. BCRX will not be logged as it is already up 10 % today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
“JUMP START” Candidates: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
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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.
ADAP ADAPTIMMUNE THERA. Buy above $10.17 on High Volume.
BYND BEYOND MEAT INC. Buy above $146.00 with a Sell Stop Loss 3% below ($141.62)
MRVL MARVELL TECH Money Wave must Close in the Green Zone.
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
GNUS GENIUS BRANDS INT’L. LOWER the Sell Stop Loss to today’s Low of $2.11 until it bottoms. It is trying to hold the Red Line today.
AAPL APPLE INC. EXIT if it is going to Close below the Pink Line around $355.36. This trade was not logged.
Click for CURRENT POSITIONS and adjust your Sell Stops.
Click for CLOSED POSITIONS,
ARE YOUR iNVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
NEW TOP 100 LIST Updated June 1, 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!
