Markets were lower again today on very mild profit taking. The Indices are almost back up near Resistance High of last month. It looks like the Markets will burp up again very soon to re-test the Highs. Most of the Leaders are back up near the Red Zones (probably too late to Buy for the Short Term). The Markets seem to be convinced of a Stimulus Plan soon.
We have Sell Stops below the Pink Lines (10-day averages) on most of the Current Positions . The Strongest Investments are back up near the September Highs now. We are Raising CASH on Investments that are not near their recent Highs.
New Subscribers: Please be patient and WAIT for the Strongest Leaders to come back down into the Green Zones for Money Wave Buys. The S&P 500 Index has just popped up 10% in 2 weeks and there should be Sellers again near the September Highs (Resistance).
Bonds were up again today.
Crude Oil was up $0.90 today at $41.10.
BUYS TODAY 10/14/2020
Z ZILLOW GROUP Money Wave Buy today. Z will not be logged as as the Volume is below average of 3.7 MIL.
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.)
____________________________________________________________________________________________________________
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.
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).
____________________________________________________________________________________________________________
SELLS TODAY
MIK MICHAELS CO. Target of $11 was Hit for an 11.1 % Gain.
COUP COUPA SOFTWARE Target of $320 was Hit yesterday on the Long Term Portfolio for an 25.5 % Gain.
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
NEW TOP 100 LIST Updated Sep 2, 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.