Markets were down again today, as the Big Techs are coming down to the Green Zones. The Strongest Leaders were very over-bought, and a pull-back would be healthy. The S&P 500 Index is below the Pink Line (10-day avg.) of 3225 for a possible Short Term Sell Signal.
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 coming down from the Red Zone).
Please remember that the Markets are up 44% from the March Lows, and are over-bought from “Good News” Buyers.
Bonds were up again today.
Crude Oil was up $0.17 today at $41.34.
BUYS TODAY 7/24/2020 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 $487.25 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).
MRNA MODERNA INC. Money Wave must Close in the Green Zone.
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
SOLO ELECTRAMECANICA VEHICLES LOWER the Sell Stop Loss below $3.12 until it bottoms.
ASHR CHINA 300 FUND EXIT if it is going to Close below Support of $32.80. This trade was not logged.
INO INOVIO PHARMA EXIT if it is going to Close below your Buy Price, or $24.09. This trade was not logged.
UPWK UPWORK INC. EXIT if it is going to Close below Support of $13.61. 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.
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