Markets were down slightly today on low Volume, as Earnings are not affecting Stock prices very much this quarter. Many of the Strongest BioTechs are coming down to the Green Zones for Money Wave Buy signals soon (See WATCH LIST below). The S&P 500 Index needs to stay above the Pink Line (10-day avg.) of 3236, to remain Bullish.
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 today.
Crude Oil was down $0.59 today at $41.01.
BUYS TODAY 7/28/2020
ANGI ANGI’S LIST INC. Money Wave Buy today. Target is $17.00 with a Sell Stop Loss below $14.03.
VXRT VAXART INC. Money Wave Buy today. VXRT will not be logged as the Volume is below average of 28 MIL & it is already up 3.90 % today. Maybe Buy around $10 soon.
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 the Pink Line of $1.98 with a 5% Sell Stop Loss below it. (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.
FSLY FASTLY INC. Money Wave must Close in the Green Zone.
IBIO IBIO INC. Money Wave must Close in the Green Zone.
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.
XBI BIOTECH FUND Money Wave must Close in the Green Zone.
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
SEDG SOLAREDGE TECH EXIT if it is going to Close below the Pink Line around $173.56.
SOLO ELECTRAMECCANICA VEHICLES LOWER the Sell Stop Loss to the Red Line at $2.64 until it bottoms. SOLO is back down in the Green Zone.
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.