Markets were mixed today after opening lower this morning. Not many new Buyers, but nobody wants to Sell either from FOMO (Fear OF MISSING OUT). Some Indices are on Highs, but are very Over-Bought for the Short Term. Higher Interest Rates could be a problem if the Economy heats up.
Many of the Leaders are slowly coming down from the Red Zones (probably too late to Buy for the Short Term). Investors have become too confident and FEAR has disappeared. Please be patient and WAIT for good setups in the Green Zones.
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. Please visit MY TRADING DASHBOARD.
In the Dividend and Growth Portfolio, we will be purchasing shares at the close on Dec 1, 2020 for both Emerson Electric (EMR) and IBM with the accumulated Dividends.
Bonds were down again today.
Crude Oil was up $0.68 today at $45.23.
BUYS TODAY 12/2/2020 NONE TODAY
NIU NIU TECHNOLOGIES Money Wave Buy today. NIU will not be logged as it is already up 5 % today and the Volume is not great.
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.)
CYH COMMUNITY HEALTH SYSTEMS (2nd Buy Signal soon).
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APPN APPIAN CORP. Buy above $142.70 with a 5% Trailing Sell Stop Loss below it (1st Day only on Trailing Stop).
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 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.