Markets were down again today as the Indices slipped below the Red Lines (50-day averages) to create more Selling. The Markets are now trying to force Congress to pass another Stimulus Plan… If you don’t think this will happen, maybe you should stay in Cash.
Most Leaders are back down in the Green Zones for Buy Signals soon. We are concentrating on Investments that recently made New Highs and are still above the Red Lines (50-day avgs.). But the Volume is still 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. So far the Money Wave pops and Volume have been weak (Investors cannot decide).
Bonds were up again today.
Crude Oil was down $20.8 today at $37.49.
BUYS TODAY 10/28/2020
PTON PELOTON INTERACTIVE Money Wave Buy today. PTON will not be logged as the Volume is below average of 25.8 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.)
JKS JINKOSOLAR HOLDING CO. Buy above $63.20 with a 5% Trailing Sell Stop Loss below it.
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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.
FCX FREEPORT MCMORAN COPPER Money Wave Must Close in the Green Zone.
ITB HOME BUILDING FUND Moved to Medium Term List.
WWR WESTWATER RESOURCES Moved to Medium Term List.
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
PIC PIVOTAL INVESTMENT FUND LOWER the Sell Stop Loss below $10.00 until it bottoms.
QQQ NASDAQ 100 FUND LOWER the Sell Stop Loss below $272.00 until it bottoms.
SMH SEMICONDUCTOR FUND LOWER the Sell Stop Loss below $173.00 until it bottoms.
GDX GOLD MINERS FUND EXIT if it is going to Close below Support of $37.08. This trade was not logged.
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 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.
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– JKS
