Markets were slightly lower today on mild profit taking after this week’s big Gains. Five of the upside Targets have been reached on the Short Term Portfolio (see Sells below), and most of the Indices are back up in the Red Zones (probably too late to Buy for the Short Term).
The S&P 500 Index is almost back up to Resistance at the October High of 3550. The Market will probably need more Stimulus from Congress to break above Resistance. Don’t know how long that will take…
New Subscribers: Markets have quickly jumped up from the Green Zones to the Red Zones this week, as Emotions are vey high. But Human Emotions allow us to make money as Investors without Rules usually over-react and make mistakes. The better trades happen when the S&P 500 Index is also in the Green Zone, like it was on Monday.
Bonds were down today.
Crude Oil was down $1.45 today at $37.34.
Updated: PENNY STOCK WATCH LIST
Updated: TOP 100 LIST Nov 4, 2020
BUYS TODAY 11/06/2020 NONE TODAY
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
GME GAMESTOP CORP. Volume is very Low on GME, so it will not be logged.
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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.)
The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
NONE TODAY
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
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
ICLN CLEAN ENERGY FUND Target was Hit at $21.50 for a 9.16 % Gain.
ROKU ROKU INC Hit the Target of $231 (opened at $235.99) today for a 9.4 % Gain.
Z ZILLOW GROUP Hit the Target of $110 (opened at $113.82) today for a 19.9 % Gin.
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.
HAVE A SAFE WEEKEND!