Markets were mostly higher today as the Tech Stocks firmed up, but most of the Indices went slightly below Monday’s Lows. Normally the Strongest Investments will go back up to retest the early September Highs, so we are holding all of the Leaders. NO SELLS TODAY. LOWER STOPS if NECESSARY..
The S&P 500 is still holding above the June Highs (Support), so this decline could be an A-B-C correction on the S&P 500 Index). It looks like the Pink Lines (10-day avgs.) are resistance and many are waiting on a Close above the Pink Line.
Try to Buy only the very Strongest Leaders that hold above their Red Lines (50-day avgs.) for the fastest bounces. Buy the Leaders below when they pop up out of the Green Zones for Money Wave Buy Signals soon.
Please remember that the Markets are up 50 % from the March Lows, and are over-bought from extreme Confidence and Hope.
Bonds were mixed again today.
Crude Oil was up $0.187 today at $40.11.
BUYS TODAY 9/24/2020 NONE TODAY
JUMP START: (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.
LOW LOWES COMPANIES 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
DOCU DOCUSIGN INC EXIT if it is going to Close below today’s Low of $199.33. 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 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.
