Markets were higher today after some of the Indices did not dump from Closing below the Pink Lines (10-day avgs.) Now the Indices need to make Higher Highs soon for this rally to continue, and the Small Caps already did so today. Most Indices are struggling at the Mid November Resistance and are over-bought from the November Lows. The Retail Stocks made New Highs also. Markets are becoming speculative.
New Subscribers: Markets will eventually come back down from the Red Zones (probably too late to Buy for the Short Term) 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. Please visit MY TRADING DASHBOARD.
Bonds were down today after becoming over-bought.
Crude Oil was up $0.59 today at $43.01.
BUYS TODAY 11/23/2020 NONE TODAY
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
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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.)
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
OSTK OVERSTOCK.COM EXIT on the Close today or have a tight Sell Stop Loss below it to capture a 24 % Gain.
REZI RESIDEO TECH Target Hit at $19 for an 8.3 % Gain. This trade was not logged.
SNAP SNAP INC. Target Hit at $47 for an 16.9 % Gain. This trade was not logged.
Click for CURRENT POSITIONS and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW: MY TRADING 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.