Markets were up today as the Big Techs continued higher. Several Precious Metals Stocks are in the Green Zones for Money Wave Buys soon. They usually do the opposite of the Markets. Markets are currently over-bought but Buyers still have Money.
Short Term Traders should WAIT for the Leaders to return to their Daily Green Zones. The best trades are when the S&P 500 Index is ALSO on the Green Zone.
Bonds were down today.
Crude Oil was down $0.99 today at $58.05.
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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 1/13/2020
CVNA CARVANA CO. Money Wave Buy today. CVNA will not be logged as it is already up 6 % 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.)
ARWR ARROWHEAD PHARM
AXSM AXSOME THERA.
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HL HECLA MINING CO.
ITCI INTRA-CELLULAR THERAPIES
LEG LEGGETT & PLATT Medium Term Buy if it Closes above $51.67 on High Volume.
PAAS PAN AMERICAN SILVER
RAD RITE AID CORP. Below the Green Line.
SBGL SIBANYE GOLD LTD.
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
IMGN IMMUNOGEN INC. EXIT if it is going to Close below Support of $4.49. This trade was not logged.
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.