Markets were higher today after the S&P 500, DOW 30 & NASDAQ 100 made New Highs. Buying Volume was Low as the Markets are over-bought on the Short Term. This is a historic move happening now.
The S&P 500 Index should have Support above the January Highs of 3338. Closing below 3338 could cause Selling,
NEW SUBSCRIBERS: Please be patient and WAIT for the Leaders to return to their Green Zones for more Money Wave Buy Signals. The best trades are when the S&P 500 Index is ALSO on the Green Zone, but that still has not happened since October. Most Leaders & Indices are currently back up in the Red Zones (probably too late to Buy for the Short Term).
Bonds were down again today.
Crude Oil was up $1.51 today at $51.45 and is very over-sold.
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The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 2/12/2020
XBIT XBIOTECH INC. Money Wave Buy today if it can Close above $21.96. Target is $26.50. EXIT if it is going to Close below $21.01.
GGB GERDAU USA Money Wave Buy today. GGB will not be logged as the Volume is below average of 10.9 MIL.
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.)
ITCI INTER-CELLULAR THERA. Buy if it Closes Above the Pink Line of $22.04 on High Volume.
STNE STONECO LTD. (Click for info).
TSG THE STARS GROUP Buy if it Closes Above the RED Line of $24.09 on High Volume.
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SBGL SIBANYE GOLD Ltd. Money Wave must Close in the Green Zone.
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 NONE TODAY Please update your Sell Stops.
Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW! TOP 100 LIST Updated Jan 28, 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.
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