Markets were up today on more low Volume, as the Big Techs led the way. The FED released news that they will keep Interest Rates Low for a long while (probably till the Virus slows down). Many of the Strongest BioTechs are coming down to the Green Zones for Money Wave Buy signals soon (See WATCH LIST below). The S&P 500 Index needs to stay above the Pink Line (10-day avg.) of 3240, to remain Bullish.
Please WAIT for the Leaders to return back down into the Green Zones for Money Wave Buy Signals. The better trades happen when the S&P 500 Index is also in the Green Zone. (The S&P 500 is coming down from the Red Zone).
Please remember that the Markets are up 46% from the March Lows, and are over-bought from “Good News” Buyers.
Bonds were down today.
Crude Oil was up 0.24 today at $41.34.
BUYS TODAY 7/29/2020 NONE TODAY
“JUMP START” Candidates: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
GNUS GENIUS BRANDS INT’l. Buy above the Pink Line of $1.91 with a 5% Sell Stop Loss below it. (2nd Buy Entry soon).
IZEA IZEA WORLDWIDE INC. Buy above $1.24 with a Stop 3% below. (2nd Buy Entry soon).
SHLL TORTOISE ACQUISITION Buy above the Pink Line of $20.62 with a 5% Sell Stop Loss below it.
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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.
UONE URBAN ONE INC. Buy above $16.50 with a Sell Stop Loss 3% below.
XBI BIOTECH FUND 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
DGLY DIGITAL ALLY INC. EXIT if it is going to Close below your Buy Price, or $3.14. This trade was not logged.
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 July 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.