Markets “Gapped Down” today on more FEAR selling. The Indices are now over-sold and some are back down to the Green Lines (Investments always return to their Green Lines). We like to Buy on FEAR, and the CNN FEAR & Greed Index has dropped from 94 last month to 15 today.
There are now so many Leaders down in their Green Zones that we are not listing them all. Try to Buy Investments that hold above their Red Lines (50-day avgs.) as they usually bounce up first. We are listing mostly High Volume Investments that should have Money Wave Buy Signals soon.
Hopefully you have some Cash to Buy some of the Strongest Indices (QQQ ICLN XLK XLU & SMH) and Leaders (AMD JD MSFT NLOK NVDA & SHOP) soon.
Please WAIT for Money Wave Buy Signals soon. The best trades are usually when the S&P 500 Index is ALSO on the Green Zone (like now),
Bonds were up again today, and are over-bought from FEAR.
Crude Oil was down $1.93 today at $46.80.
The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 2/27/2020
JD JD.COM INC. Money Wave Buy today. Target is $44.00. EXIT if it is going to Close below $38.02.
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.)
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).
SELLS TODAY NONE TODAY
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.
Ty for the update.
Maybe Markets bounce soon…
I keep cash on the sidelines for times like these. Hopefully we see the bottom soon.
Yes, FEAR is normally a good time to Buy.
Thanks for writing, and good luck.
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SPX 15 min chart