Markets were higher today as Investors are waiting on a Stimulus Plan, before taking profits. Normally Smart Money will Sell soon after the Good News. The Strongest Leaders are discounting the Good News and continued to push higher today, but are very Over-Bought for the Short Term.
Please be patient and WAIT for good setups in the Green Zones. (Not when the S&P 500 is at Highs in the Red Zone).
New Subscribers: Markets will eventually come back down to the Green Zones for Money Wave Buys, so now we must be patient and wait for the Leaders to return pull back. The better trades happen when the S&P 500 Index is also in the Green Zone. Please visit MY TRADING DASHBOARD.
NEW: Stock Alerts Page (Trading Alarms are being fed to Twitter @AboveGreenLine).
Bonds were up today as they fight to stay Above the Green Line.
Crude Oil was down $0.12 today at $45.64.
BUYS TODAY 12/8/2020
JKS JUNKOSOLAR HOLDING CO. Money Wave Buy today. JKS will not be logged as it is already up 7 % today.
LOW LOWES COMPANIES Long Term Buy today but the Volume is below average of 4.7 MIL. LOW will not be logged.
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.)
CARR CARRIER GLOBAL CORP. Buy Above the Pink Line of $37.69 on High Volume.
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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 NONE TODAY
Click for CURRENT POSITIONS and adjust your Sell Stops.
Click for CURRENT POSITION CHARTS – Real Time (Please check and adjust your Sell Stops).
Click for CLOSED POSITIONS,
NEW: MY TRADING 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.
I thought we only traded stocks with SCTR above 90.
Hi J, which one is Below 90?
LOW is 25.8
Yes, but on Long Term Buys, we use the lower number in Red (which is 84). That number is a 1 Year average of the SCTR.
We have found that if the Investment corrects down near the Green Line and bounces, and if the Long Term R S stays > 80, the Investment will normally have a big Pop.
Just like RIOT NVAX FCEL SOLO did recently.
Thanks for writing!
LOW Chart
KGC. Although I wasn’t sure I was supposed to buy it, I went ahead anyway