Markets were down slightly again today as the Indices are struggling at the Resistance of last Monday’s Highs. The Volume is low (not many Buyers). Most quarterly Earnings are out and the Markets are over-bought for the Short Term. The DOW 30 Index and the Small Cap Index or Russell 2000 are back up on Highs.
New Subscribers: Markets will eventually come back down from the Red Zones (probably too late to Buy for the Short Term) so now we must be patient and wait for the Leaders to return back down to their Green Zones. The better trades happen when the S&P 500 Index is also in the Green Zone.
Bonds were up slightly today.
Crude Oil was up $0.50 today at $41.93.
BUYS TODAY 11/18/2020
CYH COMMUNITY HEALTH Money Wave Buy today. CYH will not be logged as the Volume is below average of 2.8 MIL.
FSLR FIRST SOLAR INC. Money Wave Buy today. FSLR will not be logged as the Volume is below average of 3.5 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.)
VXRT VAXART INC. Buy above $6.05 with a 5% Trailing Sell Stop Loss below it. (1st day only).
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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.)
These Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
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
ICLN CLEAN ENERGY FUND EXIT if it is going to Close below the Pink Line around $21.58.
Click for CURRENT POSITIONS and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW: MY DASHBOARD
PENNY STOCK WATCH LIST
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Nov 4, 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.
