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December 17, 2020

Money Wave Alert! Dec 17, 2020

USD Chart
The US Dollar continues to tank.

Markets were higher today as Investors are betting on more Stimulus. Now the Markets need to exceed the recent Highs to remain Bullish. We are reluctant to Buy Investments now at the Highs, as Volume is Low and more Stimulus Money would be GOOD NEWS (Smart Money takes profits)

Please tell your GREED Emotions to be patient and WAIT for good setups in the Green Zones. The Small Cap Fund is 26% Above the Green Line. That’s how Tammy loses a lot of Money.

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 down. The better trades happen when the S&P 500 Index is also in the Green Zone. 

Bonds  were down slightly again today. 

Crude Oil was up $0.56 today at $48.38.

BUYS TODAY    12/17/2020     

AYRO      AYRO INC.      Bought today above the Pink Line of $6.37. Target is $9.00.  EXIT if it is going to Close below $5.45. This trade will Not be Logged.   
KODK      EASTMAN KODAK      Money Wave Buy today. KODK will Not be Logged at it is already up 6% today.

UMC      UNITED MICRO      Money Wave Buy today. UMC will Not be Logged at it is already up 7% today.

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.)    

LAZR      LUMINAR TECH

MRNA      MODERNA INC. 

____________________________________________________________________________________________________________

WATCH LIST

WATCH LIST CHARTS (Real Time)     

CBAT      CBAK ENERGY TECH      Buy above $6.01 with a 5% Trailing Sell Stop Loss below it.     

GPS      GAP INC      Buy above the Pink Line around $21.05 with a 5% Trailing Sell Stop Loss below it.      

TRIL      TRILLION THERA.      Buy above $12.60 with a 5% Trailing Sell Stop Loss below it.

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).

____________________________________________________________________________________________________________

SELLS TODAY   

MGI      MONEYGRAM INT’L.      EXIT on the Close today, or have a tight Sell Stop below it. MGI was bought too early and has rallied 30% this week. 

XPEV      XPENG INC.      EXIT if it is going to Close below your Buy Price, $47.17.  This trade was not logged.       

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.   

Related Post

– Money Wave Alert! Dec 16, 2020

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