Markets were up slightly today, as the Markets wait for Microsoft & Tesla Earnings tonite. Not many New Highs lately on the Big Tech Stocks. Many of the Strongest Leaders are very over-bought, so many are waiting on a pull-back. Volume was very Low again. The S&P 500 Index has Support at the Pink Line (10-day avg.) of 3213.
Gold & Silver made new Highs again today, and eventually Bonds should start down from all of the FED Printing (Inflation coming?)
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 back up in the Red Zone).
Please remember that the Markets are up 46% from the March Lows, and are over-bought from “Good News” Buyers.
Bonds were up slightly today.
Crude Oil was up $0.02 today at $41.94.
BUYS TODAY 7/22/2020 NONE TODAY
“JUMP START” Candidates: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
NFLX NETFLIX INC. Buy above $497.25 with a Sell Stop Loss 3% lower.
SOLO ELECTRAMECCANICA VEHICLES Buy above $3.59 with a Sell Stop Loss 3% lower.
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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.
FSLY FASTLY INC. Money Wave must Close in the Green Zone.
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).
UONE URBAN ONE INC. Buy above $16.50 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
ETSY ETSY INC. EXIT if it is going to Close below your Buy Price, or $103.34. This trade was not logged.
Click for CURRENT POSITIONS and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW PENNY STOCK WATCH LIST
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.