Markets were mostly up today, but have not exceeded Friday’s High. The Big FAANG Stocks are still under pressure. The S&P is finally going to Close above Green Line of 2726. Election Results are Tuesday night.
Many Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Be careful Buying now for Short Term Trading (maybe another dip back down soon).
Crude Oil is down again at $62.90.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
CGC CANOPY GROWTH Medium Term Buy today. CGC will not be logged, as it is already up 7% today (Maybe on a pull-back to around $35.00).
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon:
AMD ADVANCED MICRO Wait for pull-back around $18.50.
AMZN AMAZON.COM Wait for Medium Term Buy (Above Pink Line).
EUM INVERSE EMERGING MARKET FUND
ROKU ROKU, INC. Wait for pull-back around $53.
RWM INVERSE SMALL CAP FUND
SQ SQUARE, INC. Wait for pull-back around $69.
USO US OIL FUND Wait for 2nd Buy.
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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).
EXIT ENDP ENDO PHARMA. if it is going to Close below your Buy Price, or $16.94.
Please Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS.
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20).
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.