Markets were higher today as the Tech stocks rallied. The Indices need fuel to go higher and many are counting on another Stimulus Bill coming soon. Many of the Leaders are back up near the Red Zones (probably too late to Buy for the Short Term).
Many of Current Positions have popped up, and now most have Stops below the Pink Lines (10-day averages). Normally the Strongest Investments will go back up to retest the early September Highs.
Please be patient and WAIT for the Strongest Leaders to come back down into the Green Zones for Money Wave Buys. The Watch List is small now.
Bonds dropped slightly today and are down to the 200 day average.
Crude Oil was down $0.26 today at $39.50.
BUYS TODAY 10/7/2020 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.
SLV SILVER FUND Wait to Buy around $21 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.