Markets were down again today as the Tech Stocks were weak. Looks like the Pink Lines (10-day avgs.) are resistance before Buying most at this time.
Try to Buy only the very Strongest Leaders that hold above their Red Lines (50-day avgs.) for the fastest bounces. The Markets are struggling to stay above the the Red Lines (3331 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.
Please remember that the Markets are up 53 % from the March Lows, and are over-bought from extreme Confidence and Hope.
Bonds were down slightly today.
Crude Oil was up $0.02 today at $40.99.
Several New Adds today on the NEW PENNY STOCK WATCH LIST
BUYS TODAY 9/18/2020
SBSW SIBANYE STILLWATER Money Wave Buy today. Target is $13.75. EXIT if it is going to Close below $12.02.
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
ZS ZSCALER INC. Buy above the Pink Line of $131.16 with a 3% 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.
AMZN AMAZON.COM INC. Lost all Momentum… Will add to the Long Term List soon.
BIG BIG LOTS INC. Money Wave must Close in the Green Zone.
CHWY CHEWY INC. Buy above $54.85 with a 5% Trailing Sell Stop Loss below it.
DOCU DOCUSIGN CORP. Buy above $207.00 with a 3% Trailing Sell Stop Loss below it.
HOME AT HOME GROUP Buy above the Pink Line of $15.45 with a 5% Trailing Sell Stop Loss below it.
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
AAPL APPLE INC. LOWER the Sell Stop Loss below today’s Low $106.09. Money Wave is back in the Green Zone.
AMD ADVANCED MICRO INC. EXIT if it is going to Close below the Red Line of $75.68. 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.
SBSW not a buy today right?
Confused. Buys today =NONE
SBSW listed as a buy? Money Wave below 20.
Yes, SBSW was in a Money Wave Buy at email post time…
Looks like it traded about a 20 MIL share block on the Close.
Sorry for the confusion, we are having problems with a slow email server…
SWSW Chart