Markets will be Closed on Friday July 3, 2020 for Independence Day Holiday.
Markets were up today, as the NASDAQ 100 Fund and the very largest Leaders made New Highs. The S&P 500 Index needs to exceed the early June Highs of 3233 for this rally to continue. Trading was very slow again as tomorrow is the July 4th Holiday.
Some of the “Stay at Home” Leaders have really blown out on panic Buying. ZM SHOP AMZN MSFT JD SE & TSLA have stretched Way Above the Green Lines this week as many Institutional Investors are on vacation. Many of the Strongest Indices and Leaders are back up in the Red Zones (probably too late to Buy for the Short Term}.
Please WAIT for them return back down into the Green Zones for Money Wave Buy Signals soon. The better trades happen when the S&P 500 Index is also in the Green Zone. (The S&P 500 is quickly back up in the Red Zone).
Please remember that the Markets are up 42% from the March Lows, and are over-bought from “Good News” Buyers.
Bonds were mixed today.
Crude Oil was up $0.62 today at $40.44.
BUYS TODAY 7/02/2020 NONE TODAY
“JUMP START” Candidates: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
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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.
BYND BEYOND MEAT INC. Buy if it Closes above $146.00 with a Sell Stop Loss 3% below ($141.62).
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).
The Dividend & Growth System is set up to Dollar Cost Average $2,000 monthly into the Fund. The Fund will Buy 80 shares of ABBV AbbVie Inc. with the $8,000 accumulated since inception.
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SELLS TODAY
GNUS GENIUS BRAND GNUS was up 60% today. EXIT on the Close today (2nd Buy Position only), or have a tight Sell Stop Loss below it to capture maybe a 30% Gain.
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 June 1, 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.
HAVE A SAFE HOLIDAY WEEKEND!
This data that I ma suppose to get arives in my IN BOX after the close each day, Take GNUS as an example, i bought 20,000 shares and was watching the move along with other positions. I did not close out the position as you have suggested Joanne.
I did take about 65% off and banked some of the money , Is it possible to get email updates from you around 3.30 p,m, For closing positions and buying new ones,
I watch for the buys you recommend however if in the last hour of a days trading we should be buying it would be nice to get this alert
The daily commentary that comes after the close is terrific ,, but I would like to get “” Above the green Line BUYING ALERT / or SELLING ALERT emails in a more timely fashion, and that would be approximatlet 30 minuets before the close ??
Is there anything we can do from your end
Albert
Hi Zaz. Thank you for writing!
Emails can be sometimes delayed at your email server or can go into your Spam Folder.
You might want a backup also… Twitter notifications are the best and fastest.
We can help you set up a free Twitter account for mobile notifications. Please Follow us on Twitter, and click on the “bell” icon for mobile notifications
Twitter Link
The emails are also posted immediately on the website: Website menu Commentary/Buy/Sell Signals
4 Ways to Get your Daily Money Wave Alert:
• Emailed to your box between 3:30 3:50pm EDT.
• Website menu Commentary/Buy/Sell Signals
• Twitter notifications @AboveGreenLine
• Text messages: Email us your Cell number & phone carrier.
Thank you,
AGL
Hi Joanne
so you can text me that is the best , as my phone is always by my side .
Rogers is the name of the carrier, the number is 416-524-7055
I missed Smith and Wessan dont know why, your emails never go into my spam, I always get them .
You are doing a wonderful job …