Markets were mixed today as the DOW 30 Index was up but the NASDAQ 100 was down another 1.9 %. The Big Tech FAAMNG stocks were weak again today but the Small Cap Index is near Highs. The Indices are back up in the Red Zones (probably too late to Buy for the Short Term), so we must WAIT for more Money Wave Buy Signals.
The S&P 500 Index was way above the October High of 3550 yesterday to 3646, but Closed down at 3550. So that was not a good Break Out. Hope for a stronger Economy usually results in Higher Interest Rates, and Bonds are dropping.
New Subscribers: Markets have quickly jumped up from the Green Zones to the Red Zones recently on Good News. Much of Investing is WAITING, so now we must be patient and wait for the Leaders to return back down to their Green Zones. The better trades happen when the S&P 500 Index is also in the Green Zone, (now near the Red Zone).
Bonds were down again, now Below the Green Line as Rates rise.
Crude Oil was up $1.12 today at $41.41.
BUYS TODAY 11/10/2020 NONE TODAY
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
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KODK EASTMAN KODAK Buy above $7.52 on High Volume.
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.)
These Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
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
LAC LITHIUM AMERICAS L ower Sell Stop Loss below $9.23 until it bottoms. Relative Strength is still 98.
ROKU ROKU INC. EXIT if it is going to Close below the Pink Line around $218.04 (if you still own it). This trade was not logged.
Click for CURRENT POSITIONS and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW: MY DASHBOARD
PENNY STOCK WATCH LISTown it
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Nov 4, 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.