10/25/2020 Markets were down slightly for the week after the Indices were disappointed in Congress for no Stimulus Plan. But many Leaders are back down in the Green Zones so we should see a Market pop up soon. Investors seem to be comfortable owning stocks as long as Interest Rates are so low.
Earnings are coming out, and many are better than expected, but the Markets need more fuel from a Stimulus Plan to go much higher. Stocks are not cheap now by historical standards.
We harvested another Gain this week:
DOCU DOCUSIGN INC. +10.32%
TUP TUPPERWARE BRANDS -2.27%
PENNY STOCK WATCH LIST has many Green Zones Buy Signals soon that are 50-80% off the recent Highs.
For the week the Dow was down 0.92%, the S&P 500 was down 0.43%, and the Nasdaq 100 was down 1.31%. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was down 0.52% and is below the Green Line, indicating Economic Weakness.
Bonds were down 2.09% for the week and are Above the Green Line, indicating Economic Weakness.
The US DOLLAR was down 0.99% for the week and is Below the Green Line.
Crude Oil was down 3.09% for the week at $39.85 and GOLD was down 0.06% at $1905.20.
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MONEY WAVE BUYS SOON
We are currently in 6 logged Current Positions, for the Short & Medium Term. There are 11 Investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
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LONG TERM INVESTMENTS (Most of the Leaders are back up in the Weekly Red Zones.)
Buy the Leading Investments that are down near the Weekly Green Zones.
ADT ADT INC. Buy when it Closes above the Red Line around $8.77.
ALT ALTIMMUNE INC. Buy if it Closes above $15.63 on High Volume.
FCEL FUELCELL ENERGY INC. Buy if it Closes above $3.42 on High Volume. All time High is $682.00.
INSG INSEEGO CORP. Buy when it Closes above the Red Line around $10.64.
VBIV VBI VACCINES INC. Buy when it Closes above the Red Line around $3.13.
WTRH WAITR HOLDINGS INC. Buy when it Closes above the Red Line around $3.53.
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Click for Current Positions
Click for Watch List
Click for Closed Positions
Dividend Growth Portfolio (we are now posting a Dividend Calendar for the entire portfolio to assist with planning purposes).
ETF Sector Rotation System – The System closed all 5 positions on Sep 30 and Bought SPY QQQ SLV EEM & EFA on Oct 1, 2020 (20% into each).
Long Term Strategy for IRAs & 401k Plans
Alert! Market Risk is MEDIUM (Yellow Zone). The probability of successful Short Term Trades is better, when the % of stocks above the 50-day avg. is below 20.
Tell your Friends about the Green Line, and Help Animals
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QUESTION: Andrea writes “I have been a member for a month, and still quite confused on how to use the information and various tabs. I assume one should only enter NEW TRADES so there is no confusion on goals and stop losses?
Please explain “Don’t take a loss”; do you mean make a tighter stop than the pink moving average, or the suggested stop loss ?
ANSWER: Hi Andrea. Yes you should only do new trades.
Much of Investing is WAITING. Waiting for the Markets to return to the Green Zones. 70% of Stocks move with the Markets, so Buying a Stock when the S&P 500 is in the Red Zone is not a great bet. Wait for a return to the Green Zone… it will happen.
When an Investment has a Buy Signal (Money Wave > 20) it should bounce up quickly… If the Money Wave > 50 and the Investment has not popped well, GET OUT. Don’t Take a Loss! Something might be wrong. There will be many more trades… keep your Cash ready.
WHEN YOU BUY, IS SOMETIMES MORE IMPORTANT THAN WHAT YOU BUY. The Chart Link below is longer term, but it is normally better to Buy when the Herd is Dumping to make good money (down in the Green Zone).
The link to this Chart Alert! Market Risk is MEDIUM (Yellow Zone) is in every Weekly Email. We loaded up last month and captured some nice Gains,If you subscribed too late, then you missed that cycle. Just WAIT for another Dump… It will happen.
Good trading and tell your friends!
AGL