Markets “Gapped Up” big today on mild Buying. Many of the Leaders are coming out of their Green Zones for Money Wave Buy Signals today. The S&P 500 Index needs to Close above 2641.39 to bring in more Buyers.
The Covid 19 new cases in the US were lower yesterday.
The strongest LEADERS that are now Above the Green Line should go higher. Please be patient and WAIT for them to close up out of the Green Zones, for Money Wave Buy Signals soon (see Watch List below).
Bonds were down slightly today.
Crude Oil was down $2.17 today at $26.17.
The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 4/06/2020
AMZN AMAZON.COM Money Wave Buy today. Target is $2100.00. EXIT if it is going to Close below $1889.15.
TSLA TESLA CORP. Money Wave Buy today. Target is $700.00. EXIT if it is going to Close below $446.40.
AMD ADVANCED MICRO Money Wave Buy today. AMD will not be logged as it is already up 9 % today. Maybe Buy around $44 soon.
CODX CO-DIAGNOSTICS INC. Money Wave Buy today. CODX will not be logged as it is already up 26 % today.
NVDA NVIDIA CORP. Money Wave Buy today. NVDA will not be logged as it is already up 8 % today. Maybe Buy around $252 soon.
SHOP SHOPIFY INC. Money Wave Buy today. SHOP will not be logged as it is already up 8 % today. Maybe Buy around $370 soon.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
“JUMP START” Candidates: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
ZM ZOOM VIDEO COMM. Buy if it Closes above $122.02 on High Volume.
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Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Click on 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
RWM SMALL CAP INVERSE FUND EXIT if it is going to Close below the Pink Line around $49.79.
SH S&P 500 INVERSE FUND EXIT if it is going to Close below Support of $27.09.This trade was not logged.
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.
Click for PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS,
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