Markets were lower today on higher Volume, as Bonds slipped back Below the Green Line. This causes longer Term Interest Rates to rise, and the Big Tech Stocks don’t like that. Now the S&P 500 Index needs to hold at last week’s Low of 4354. Then maybe we will see a “W” pattern back up to re-test the Highs.
The S&P 500, NASDAQ 100, & Small Cap Indices are now back below the Red Lines (50-day avgs.) Try to only Buy new money investments that held above the Red Lines, as they tend to bounce first.
New Investors: The Buying recently has been weak, and many forget that the Markets have Doubled since March 2020. Smart Money is hesitant to Buy up near the Highs, as eventually the Indices will return back down to the Green Lines (on some Bad News). The better trades happen when the S&P 500 Index is in the Green Zone.
Triple Buys today for IRNT. Soon for AMC BBIG BNTX GSAT DNN NVDA XELA & OPAD in DAY TRADING SETUPS.
Bonds were down today, and are back Below the Green Line.
Crude Oil was down $0.59 today at $74.86.
BUYS TODAY 9/28/2021 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.)
MRNA MODERNA INC. Wait for Money Wave Close > 20 with High Volume.
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WATCH LIST SCROLLING CHARTS (Real Time)
AMC AMC ENTERTAINMENT Buy above $41.85 with High Volume with a 5% Trailing Sell Stop Loss below it.
LIFE ATRY PHARMA INC. Wait for Money Wave Close > 20 with High Volume.
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 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 Sep 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.