Markets were mixed today after the S&P 500 & NASDAQ 100 made slightly higher Highs. Eventually if the Economy is really that strong, Bonds and Utilities should decline on Inflation Fears, and long term Interest Rates should rise. Presently the Markets are in the Goldilocks Economy where everything is “just right”. This causes some Investors to pile in Way Above the Green Line (Good News). We like to Buy on Bad News.
Buying Volume was Low as the Markets are over-bought on the Short Term. This is a historic move up happening now. The S&P 500 Index should have Support near the January Highs of 3338. Closing below 3338 could cause Selling,
NEW SUBSCRIBERS: There is currently only 1 Investment in the Green Zone at this time. 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 up slightly today.
Crude Oil was up $0.24 today at $51.41 and is 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 2/13/2020
ITCI INTER-CELLULAR THERA. Money Wave Buy today. ITCI will not be logged as it is already up 4 % and the Volume is below average of 3.4 MIL.
STNE STONECO LTD. Money Wave Buy today. STNE will not be logged as it is already up 3 % today.
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.)
NONE TODAY
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TSG THE STARS GROUP Buy if it Closes Above $24.16 on High Volume.
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 Please update your Sell Stops.
HZNP HORIZON THERA. EXIT if it is going to Close below your Buy Price, or $35.57. This trade was not logged.
TSLA TESLA INC. is bouncing up off the Pink Line (10-day avg.) today. Failure to make a New High soon should cause Selling.
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.