Markets were down today, but not enough to get many Leaders back down in the Green Zones. The Volume is very Low as many cannot decide what to do. The S&P 500 Index needs to Close above 3238 to remain Bullish.
Many of the Strongest Leaders are correcting down slowly and are almost back down to the Green Zones for Money Wave Buys soon
Please WAIT for the Leaders to return back down into the Green Zones for Money Wave Buy Signals. The better trades happen when the S&P 500 Index is also in the Green Zone. (The S&P 500 is still up near the Red Zone).
Please remember that the Markets are up 43% from the March Lows, and are over-bought from “Good News” Buyers.
Bonds were up today.
Crude Oil was down $0.45 today at $40.75.
BUYS TODAY 7/16/2020
ETSY ETSY INC. Wave Buy today. ETSY will not be logged as the Volume is below average of 3.6 MIL.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
“JUMP START” Candidates: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
GNUS GENIUS BRANDS INT’l. Buy above $2.47 with a Stop 3% below. (2nd Buy Entry soon)
IZEA IZEA WORLDWIDE INC. Buy above $1.24 with a Stop 3% below. (2nd Buy Entry soon).
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Money Wave Buys Signals Soon (3 Days-3 Weeks Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
AMZN AMAZON.COM Money Wave must Close in the Green Zone.
CRWD CROWDSTRIKE HOLDINGS Money Wave must Close in the Green Zone.
FSLY FASTLY INC. Money Wave must Close in the Green Zone.
JD JD.COM INC. Money Wave must Close in the Green Zone.
NKLA NIKOLA CORP. Wait to Buy around $46.
UONE URBAN ONE INC. Buy above $17.50 with a Sell Stop Loss 3% below.
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the 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
ANGI ANGIE’S LIST INC. EXIT if it is going to Close below the Pink Line around $15.55. This trade was not logged.
DGLY DIGITAL ALLY EXIT above $4.00. DGLY was Up as much as 70% today. Don’t Take a Loss! This trade was not logged.
VERI VERITONE INC. LOWER Sell Stop Loss below $10.54 until it bottoms. The Money Wave is in the Green Zone with 98 Relative Strength. This trade was not logged.
Click for CURRENT POSITIONS and adjust your Sell Stops.
Click for CLOSED POSITIONS,
ARE YOUR iNVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
NEW TOP 100 LIST Updated July 2, 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.