Markets were down today as the Indices needed to re-test the recent Lows on Tuesday. A Double Bottom or “W” pattern soon would be Bullish. Try to Buy only the very Strongest Leaders that did not fall below their Red Lines (50-day avgs.) for the fastest bounces. The Markets have drop back down and Support should be around the Red Lines (3323 on the S&P 500 Index).
Buy the Leaders below when they pop up out of the Green Zones for Money Wave Buy Signals soon. The better trades happen when the S&P 500 Index is also in the Green Zone. (The S&P 500 today is coming up out of the Green Zone).
Please remember that the Markets are up 53 % from the March Lows, and are over-bought from extreme Confidence and Hope.
Bonds were up today.
Crude Oil was down $0.92 today at $37.13.
BUYS TODAY 9/10/2020
HOME AT HOME GROUP Bought today above $15.87 with a 5% Trailing Sell Stop Loss. HOME shot up 12.7% to $17.59 and was stopped out for a 4% Gain. (5% below the High of $17.59, or at $16.53).
W WAYFAIR INC. Bought today above $272 (at $272.60) with a 5% Trailing Sell Stop Loss. W shot up 14.9% to $296.86 and was stopped out at $275.10.
ADT ADT INC. Bought today above the Pink Line of $10.71, but the Volume is very Low. This trade will not be logged. Target is $12.50. EXIT if it is going to Close below $10.42.
OSTK OVERSTOCK.COM Money Wave Buy today. OSTK will not be logged as it is already up 10 % today.
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.)
KODK EASTMAN KODAK Buy above $6.23 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.
KODK EASTMAN KODAK Buy above $6.23 with a 5% Trailing Sell Stop Loss below it.
PLUG PLUG POWER INC. Money Wave must Close in the Green Zone.
PRTS CAR PARTS.COM Buy above $10.85 with a 5% Trailing Sell Stop Loss below it.
VXRT VAXART INC. Buy above the Pink Line of $5.39 with a 5% Trailing Sell Stop Loss below it. (2nd Buy Signal 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
FLDM FLUIDIGM CORP. Shot up 10.9% this morning and was Stopped Out for a 5.2% Gain. (5% below the High of $6.92, or at $6.56).
WTRH WAITR HOLDINGS Shot up 26% today and and was Stopped Out at the Buy Price (Don’t Take a Loss!)
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.