Markets were down big today on more FEAR Selling. Bullish items today would be that the Selling Volume is really drying up, and the S&P 500 Index and the NASDAQ 100 are trying to Close above last week’s lows (2478 & 177). The Markets are extremely over-sold from FEAR, as the S&P 500 Index is currently 18% Below the Green Line (Investments eventually return to their Green Lines).
WE ARE NOT SELLING ANYTHING TODAY, (other than a quick Gain on APT). Lower Stops if necessary until the Selling Climax is over. The CNN Fear & Green Index is down to 3 (about as low as it gets).
Many of the Green Line Open Positions (except the Indices) are holding near the Above their Green Lines. In the 1987 Market crash, the Strongest Investments held Above the Green Lines and after the Selling stopped, they were back near Highs in a few months. The higher Volume Leaders are: AAPL AMD MSFT NLOK PLUG VIPS SHOP & TSLA) and should be good to Buy when the Markets bounces.
Bonds were up 6 % on a Money Wave Buy Signal today.
Crude Oil was down $2.62 today at $29.11.
The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY 3/16/2020
MRNA MODERNA INC. Money Wave Buy today. MRNA will not be logged as it is already up 24 % today.
TLT US GOV’T. BOND FUND Money Wave Buy today. TLT will not be logged as it is already up 6% today (big move for Bonds).
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
DOCU DOCUSIGN INC. Money Wave Buy today. Target is $89.00. EXIT if it is going to Close below Support of $65.94.
Money Wave Buys Signals Soon (Short Term): (Best to Buy these when the S&P 500 is also in the Green Zone.)
“JUMP START” Candidates: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
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MSFT MICROSOFT CORP. 2nd Money Wave Buy soon.
SHOP SHOPIFY INC. 2nd Money Wave Buy soon.
TSLA TESLA INC. 2nd Money Wave Buy soon.
VIPS VIPSHOP HOLDINGS
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Click on 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
APT ALPHA PRO TECH EXIT on the Close today, or have a tight Sell Stop Loss below it to capture a 12 % Gain.
AAPL APPLE INC LOWER the Sell Stop Loss below $235.00 on the Close until it bottoms.
ICLN GLOBAL CLEAN ENERGY FUND LOWER the Sell Stop Loss below $8.75 on the Close until it bottoms.
MSFT MICROSOFT CORP. LOWER the Sell Stop Loss below $135.00 on the Close until it bottoms.
NVDA NVIDIA CORP. LOWER the Sell Stop Loss below $190.00 on the Close until it bottoms.
PLUG PLUG POWER INC. LOWER the Sell Stop Loss below $2.60 on the Close until it bottoms.
QQQ NASDAQ 100 FUND LOWER the Sell Stop Loss below $165.00 on the Close until it bottoms.
RNG RING CENTRAL INC. LOWER the Sell Stop Loss below $130.00 on the Close until it bottoms.
SHOP SHOPIFY INC. LOWER the Sell Stop Loss below $321.62 on the Close until it bottoms.
SMH SEMICONDUCTOR FUND LOWER the Sell Stop Loss below $100.00 on the Close until it bottoms.
TMUS T-MOBILE US LOWER the Sell Stop Loss below $75.00 on the Close until it bottoms.
TSLA TESLA INC. LOWER the Sell Stop Loss below $414.67 on the Close until it bottoms.
XLK TECH FUND LOWER the Sell Stop Loss below $70.00 on the Close until it bottoms.
Click for PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW! TOP 100 LIST Updated Mar 9, 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.