Markets “Gapped Down” again today on more FEAR selling. The Indices are very over-sold and some are now Below 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 9 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 & 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 big again today, and are very over-bought from FEAR.
Crude Oil was down $2.06 today at $45.03.
The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 2/28/2020
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also 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).
JD JD. COM INC. LOWER the Sell Stop Loss to today’s Low of $36.81 on the Close.
Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS,
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.
HAVE A NICE WEEK END!