Markets were down again today as the World Markets were weak. The S&P 500 slipped below the Red Line 50-day avg.) of 3328, so now it need to hold above the June High of 3232 for this decline to be an A-B-C correction on the S&P 500 Index). It looks like the Pink Lines (10-day avgs.) are resistance before Buying most Investments at this time.
Try to Buy only the very Strongest Leaders that hold above their Red Lines (50-day avgs.) for the fastest bounces. he 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 51 % from the March Lows, and are over-bought from extreme Confidence and Hope.
Bonds were up today.
Crude Oil was down $1.57 today at $39.54.
BUYS TODAY 9/21/2020
ZS ZSCALER INC. Bought today above the Pink Line of $131.14 with a 3% Trailing Sell Stop Loss below it. Target is $155.00.
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
AMD ADVANCED MICRO INC. Buy above the Pink Line of $77.80 with a 5% Trailing Sell Stop Loss below it.
BIG BIG LOTS INC. Buy above the Pink Line of $46.14 with a 5% Trailing Sell Stop Loss below it.
NVDA NVIDIA CORP. Buy above the Pink Line of $498.10 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.
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.
LOW LOWES COMPANIES Money Wave must Close in the Green Zone.
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
GDXJ JUNIOR GOLD MINERS FUND EXIT if it is going to Close below the Pink Line around $59.78.
SBSW SIBANYE STILLWATER LOWER the Sell Stop Loss below today’s Low $11.21. We got a “False Buy Signal” on Friday and SBSW is still in the Green Zone with a 91 Relative Strength.
SLV SILVER FUND LOWER the Sell Stop Loss below $22.06 until it bottoms.
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.