Markets were down today on Covid concerns and profit taking, but the Selling has been mild. The Indices seem to be discounting another Stimulus Bill coming soon. That would be GOOD NEWS, and then Smart Money would normally take profits a few days later. Many of the Leaders were back up in the Red Zones (probably too late to Buy for the Short Term).
Many of Current Positions have popped up some, and most now have Stops below the Pink Lines (10-day averages). Normally the Strongest Investments will go back up to retest the early September Highs.
Please be patient and WAIT for the Strongest Leaders to come back down into the Green Zones for Money Wave Buys. The Watch List is small now.
Bonds were down today.
Crude Oil was down $1.72 today at $37.00.
BUYS TODAY 10/2/2020
EAT BRINKER INT’l. Money Wave Buy today. Target is $48.00. EXIT if it is going to Close below $40.66.
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
TUP TUPPERWARE BRANDS Buy above $21.41 with a 5% Trailing Sell Stop Loss for Friday.
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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.
SLV SILVER FUND Wait to Buy around $21 soon.
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
WKHS WORKHORSE GROUP EXIT if it is going to Close below your Buy Price, or $24.81. This trade was not logged.
Click for CURRENT POSITIONS and adjust your Sell Stops.
Click for CLOSED POSITIONS,
NEW 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.
HAVE A SAFE WEEKEND!