Markets “Gapped Down” this morning, but Momentum Investors are coming back in to Buy the Leaders in the Green Zone. Hopefully you raised some Cash, and you are waiting for Buy Signals to get back in.
The S&P 500 is back down in the Green Zone, but fell Below the Red Line (50-day avg.) which normally means the Bounce will take longer.
The Watch List now has over 25 Leaders in the Green Zones to Buy. They are not all listed below, as there are too many. The strongest ones should bounce near their Red Lines (50-day avgs.)
Try to Buy Investments that recently made new Highs, and Held ABOVE the Red Lines. Usually these will bounce the quickest.
Crude Oil is down today at $63.55.
Money Wave Buys soon!
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
CANN GENERAL CANNABIS Money Wave Buy today for the Long Term Portfolio. Place Sell Stop Loss below $2.90 on the Weekly Close.
NVDA NVIDIA CORP. Money Wave Buy today for the Medium Term Portfolio. Place Sell Stop Loss below $204.00 on the Close.
X U S STEEL GROUP Money Wave Buy today for the Long Term Portfolio. Place Sell Stop Loss below $28.89 on the Weekly Close.
RIOT RIOT BLOCKCHAIN Money Wave Buy today. We will not log RIOT, as it is already up 21 % today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys soon for:
ALSO: CAT EWZ SQ FOXA LVS WMT XLY FCAU XBI VIPS MCHI LOW DG
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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).
We got Flushed out of RSX RUSSIA FUND but it is back in the Green Zone for another Buy soon.
Please 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).
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.