Money Wave Alert! Oct 23, 2020

POST UPDATED: October 23, 2020

Table of Contents

QQQ Chart
Money Wave Buy on NASDAQ 100 Fund (QQQ) today.

Markets were lower today as many are impatient about a Stimulus Plan. The Indices are back down in the Green Zones for Buy Signals soon. The Watch List has grown so large that we won’t list them all (over 40 names). Try to Buy Investments that recently made New Highs and held above the Red Lines (50-day avgs.).

Volume is low, as many Investors are waiting for a Stimulus Plan before committing more funds.

New Subscribers: Now the Strongest Leaders and Indices are back down into the Green Zones for Money Wave Buys soon. The better trades happen when the S&P 500 Index is also in the Green Zone (like now).

Bonds  were up slightly today. 

Crude Oil was down $0.82 today at $39.82.

BUYS TODAY    10/23/2020   

QQQ      NASDAQ 100 FUND    Money Wave Buy today.  Target is $300. Volume is low, but the Leaders don’t want to drop much.  EXIT if it is going to Close below $280.82.

JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.) 

BE      BLOOM ENERGY

NVTA      INVITAE CORP.

SAVA      CASSAVA SCIENCES INC.

WKHS      WORKHORSE GROUP      Buy if it Closes above the Red Line of $21.54 on High Volume.

Z    ZILLOW GROUP

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WATCH LIST

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.     

FSLY      FASTLY INC.

ITB      HOME BUILDING FUND  

LAC      LITHIUM AMERICAS 

PTON      PELOTON INTERACTIVE      

WWR      WESTWATER RESOURCES    Buy above $5.16 with a 5% Trailing Sell Stop Loss on Monday.   

ZM      ZOOM INTERACTIVE

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   

RUN      SUNRUN INC.      LOWER Sell Stop Loss below $54.45 until it bottoms.

Click for  CURRENT POSITIONS  and adjust your Sell Stops.   RUN      SUNRUN INC.
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 Oct 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!

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