Markets were down again today as many Indices dumped on Corona FEARS. When Markets Sell off on FEAR, we can then determine which investments are the Strongest. Hopefully you have some Cash to Buy some of the Strongest Indices (QQQ XLK & SMH) and Leaders (AMD MSFT LULU NVDA & SHOP) soon. Sometimes these don’t even make it down into the Green Zones. The S&P 500 Index has Support at the January Lows of 3215.
Now most Leaders & Indices are quickly coming back down to their Green Zones for Money Wave Buy Signals soon. Try to Buy Investments that hold above their Red Lines (50-day avgs.) as they usually bounce up first.
Please WAIT for Money Wave Buy Signals soon. The best trades are when the S&P 500 Index is ALSO on the Green Zone,
Bonds were up big today on FEAR, and are over-bought.
Crude Oil was down $1.81 today at $51.57.
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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 2/24/2020 NONE TODAY
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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ABBV ABBVIE INC. Money Wave must Close in the Green Zone.
AMD ADVANCED MICRO Money Wave must Close in the Green Zone.
BMY BRISTOL MEYERS Buy when it Closes above the Pink Line of $66.00 on High Volume.
GE GENERAL ELECTRIC (Click for info)
MSFT MICROSOFT CORP. Money Wave must Close in the Green Zone.
QQQ NASDAQ 100 FUND 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
EURN EURONAV NV EXIT if it is going to Close below Support of $9.40.
BLDP BALLARD POWER EXIT if it is going to Close below the Pink Line around $12.03. This trade was not logged.
ITB HOME BUILDING FUND EXIT if it is going to Close below the Pink Line around $49.80. This trade was not logged.
ITCI INTRA-CELLULAR EXIT if it is going to Close below the Pink Line around $23.05. This trade was not logged.
LLY ELI LILLY & CO. LOWER the Sell Stop Loss to a Close below the Red Line around $135.66. This trade was not logged.
NK NANTKWEST LOWER the Sell Stop Loss to a Close below the Red Line around $5.15. This trade was not logged.
STNE STONE CO. EXIT if it is going to Close below your Buy Price, or $42.01. This trade was not logged.
TAL TAL EDUCATION GROUP EXIT if it is going to Close below the Pink Line around $58.66. This trade was not logged.
TRIL TRILLIUM THERA. EXIT if it is going to Close below your Buy Price, or $4.16. This trade was not logged.
TSLA TESLA CORP. EXIT if it is going to Close below the Pink Line around $833.21. This trade was not logged.
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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