Markets were down today on “Shut Down” worries. The Indices are slowly coming down from the Red Zones (probably too late to Buy for the Short Term) for more Money Wave Buy Signals soon. The Small Cap Index or Russell 2000 is currently the Strongest major Index.
New Subscribers: Markets are coming down from the Red Zones 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.
Bonds were up big today as Equities dropped.
Crude Oil was down $0.49 today at $40.96.
BUYS TODAY 11/12/2020
KODK EASTMAN KODAK Bought today above $6.92. Target is $9.00. EXIT if it is going to Close below $6.36.
SNAP SNAP INC. Money Wave Buy today. SNAP will not be logged as it is already up 5 % today and the Volume is below average of 38.5 Mil.
ZM ZOOM VIDEO COMM. Money Wave Buy today. ZM will not be logged as it is already up 17% from Tuesday’s Low and the Volume is below average of 11.4 Mil. Maybe soon around $390.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
HOME AT HOME GROUP Medium Term Buy soon
OSTK OVERSTOCK.COM Medium Term Buy soon
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BBBY BED BATH & BEYOND Money Wave must Close in the Green Zone.
LAC LITHIUM AMERICAS 2nd Money Wave Buy soon
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 NONE TODAY
Click for CURRENT POSITIONS and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW: MY DASHBOARD
PENNY STOCK WATCH LIST
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.