Markets were lower today as the S&P 500 and DOW 30 Indices could not get above Monday’s Highs and sold off. The Buying has been poor which probably indicates that the Markets need to come down further and become more over sold, if we want to see some stronger moves up.
The Markets seem to be exhausted after the 80 % + move in the last year. Many have already bought, so be Cautious now. The Leaders and the S&P 500 Index are coming down from the Red Zones (probably too late to Buy for the Short Term). We had some Money Wave Buy Signals today, but the Volume was not good (lack of serious Buyers).
The better trades happen when the S&P 500 Index is also in the Green Zone. Please be patient and WAIT for pull-backs.
Several BIG pops early today, but most did not hold: DAY TRADING SETUPS.
Bonds were up slightly down today, but are below the Green Line.
Crude Oil was up $0.27 today at $61.62.
BUYS TODAY 4/22/2021
BNGO BIONANO GENOMICS Bought today above $6.17 (Pink Line) and Stopped Out below $6.60 for a 6.1% Gain (5% Trailing Stop).
DDD 3D SYSTEMS CORP. Bought today above $21.60 (Pink Line). Target is $44. EXIT if it is going to Close below $18.19.
AMRS AMYRIS INC. Money Wave Buy today but AMRS will not be bought or logged as the Volume is below average of 5.2 MIL.
KOPN KOPIN CORP. Money Wave Buy today but KOPN will not be bought or logged as the Volume is below average of 6.3 MIL.
VUZI VUZIX CORP. Money Wave Buy today but VUZI will not be bought or logged as the Volume is below average of 8.9 MIL.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
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NEW! JUMP START SCROLLING CHARTS: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
PAVM PAVMED INC. Buy above $4.64 with High Volume with a 5% Trailing Sell Stop Loss below it.
RIOT RIOT BLOCKCHAIN Buy above $42.21 with High Volume with a 5% Trailing Sell Stop Loss below it.
ZKIN ZK INT’L. GROUP Buy above $5.80 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
UEC URANIUM ENERGY CORP. Buy above the Pink Line around $2.79 with High Volume 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 NONE TODAY
Click for CURRENT POSITION CHARTS – Real Time (Please check and adjust your Sell Stops).
Click for CLOSED POSITIONS,
NEW: MY TRADING DASHBOARD
DAY TRADING SETUPS
NEW: TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Apr 4, 2021
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, or Low Volume. These have more risk.