Money Wave Alert! Sep 9, 2020

POST UPDATED: September 9, 2020

Table of Contents

QQQ Chart
Money Wave Buy today on the NASDAQ 100 Fund (QQQ)

Markets were up today as the Indices bounced near the Red Lines (50-day averages) after being over-sold. Try to Buy only the very Strongest Leaders that did not fall below their Red Lines (50-day avgs.) for the fastest bounces. The Markets could easily drop back down again tomorrow, so don’t Chase this bounce.

Buy the Leaders below when they 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. (The S&P 500 today is coming up out of the Green Zone).

Please remember that the Markets are up 54 % from the March Lows, and are over-bought from extreme Confidence and Hope. 

Bonds  were down slightly today. 

Crude Oil was u $1.29 today at $38.05.

BUYS TODAY    9/9/2020   

AAPL      APPLE INC.      Money Wave Buy today. Target is $132. EXIT if it is going to Close Below Support of $110.89. Caution- Low Volume today.

ADT       ADT INC.      Buy above the Pink Line of $10.74 with a 5% Trailing Sell Stop Loss below it.  Target is $12.50. EXIT if it is going to Close below $10.24.

FLDM      FLUIDIGM CORP.      Bought today above $6.19 with a 5% Trailing Sell Stop Loss below it.  (Stop Now at $6.10). Target is $9.50. 

QQQ      NASDAQ 100 FUND      Money Wave Buy today. Target is $300. EXIT if it is going to Close Below Support of $269.66.

 

AMD      ADVANCED MICRO      Money Wave Buy today. AMD will not be logged as the Volume is below average of 64 MIL.

SLV      SILVER FUND      Money Wave Buy today. SLV will not be logged as the Volume is below average of 59 MIL.

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.) 

OSTK      OVERSTOCK.COM

SMH      SEMICONDUCTOR FUND     

TSLA      TESLA INC.

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.                  

DOCU      DOCUSIGN CORP.      

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

PBI      PITNEY BOWES INC.

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

PRTS      CAR PARTS.COM

VXRT     VAXART INC.      Buy above the Pink Line of $5.58 with a 5% Trailing Sell Stop Loss below it. (2nd Buy Signal 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   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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