Markets were higher today but have continued to churn up and down near the Highs with lower Volume. Very few Stocks are making Highs with any Volume. Most the Indices are coming back down from the Red Zones (probably too late to Buy for the Short Term). The other Indices need to catch up and make New Highs soon to keep this rally going.
NEW SUBSCRIBERS: Most of the strongest Leaders are quickly back up in the Red Zones. But we still have a few strong Stocks on the WatchList below that have pulled back 30-50%, and should have nice bounces back up soon when the Volume picks up. The better trades happen when the S&P 500 Index is also in the Green Zone. (Now coming back down from the Red Zone).
A Triple Buy today on NURO was good for a 23% pop on DAY TRADING SETUPS.
Bonds were mixed today, and are back above the Green Line.
Crude Oil was down $0.63 today at $70.63.
BUYS TODAY 8/3/2021 NONE TODAY
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JUMP START SCROLLING CHARTS: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
AUUD AUDDIA INC. Buy above $3.56 with High Volume with a 5% Trailing Sell Stop Loss below it.
NEGG NEWEGG COMMERCE Buy above $20.70 with High Volume with a 5% Trailing Sell Stop Loss below it.
NURO NEUROMETRIX INC. Wait for Money Wave Close > 20 with High Volume.
SAVA CASSAVA SCIENCES INC. Wait for Money Wave Close > 20 with High Volume.
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WATCH LIST SCROLLING CHARTS (Real Time)
ALEC ALECTOR INC. Relative Strength is Below 90. Avoid.
AMC AMC ENTERTAINMENT Wait for Money Wave Close > 20 with High Volume.
LEDS SEMILEDS CORP. Buy above $10.11 with High Volume with a 5% Trailing Sell Stop Loss below it.
MMAT META MATERIALS INC. Buy above $4.24 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
MVIS MICROVISION INC. EXIT if it is going to Close below Support of $12.91. This trade was not logged.
LB L BRANDS Completed the merger and is now BBWI. LB will be closed out as the Target was Hit at $77 for a 3.46 % Gain.
Click for CURRENT POSITION SCROLLING 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 Aug 1, 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.