Markets were mixed today even though 80% of the Stocks have had higher than expected Earnings. But many of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). The S&P 500 and DOW 30 Indices were able to stay above the September Highs. The NASDAQ 100 and Small Caps are still lagging, and the Volume is Low. The Market seems to be waiting on a huge Gov’t. Spending Bill, maybe on Friday.
The Indices must continue to make Higher Highs for the rally that began in March 2020 to continue. Volume is very Low because Smart Money is not Buying at the Highs (we bought 2 1/2 weeks ago).
New Investors: Leaders are back up in the Red Zones. Please WAIT for the Leaders to correct back down into the Green Zones for more Money Wave Buys. It does not take that long. The better trades happen when the S&P 500 Index is in the Green Zone.
Very Low Volume today so not many Triple Buys: DWAC (+21%) & PHUN (+20%). Should be some nice Triple Buys soon for ADMP AMC ANY BTBT BTU CEI DATS GSAT HX & MARK in DAY TRADING SETUPS.
Bonds were up again today, but are Below the Green Line..
Crude Oil was down $2.44 today at $82.21.
BUYS TODAY 10/27/2021 NONE TODAY
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JUMP START SCROLLING CHARTS: (Buy with High Volume).
LPTX LEAP THERA. Buy above the Pink Line around $2.98 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
AA ALCOA CORP. Wait for Money Wave Close > 20 with High Volume.
AMC AMC ENTERTAINMENT Wait for Money Wave Close > 20 with High Volume.
BTU PEABODY ENERGY Wait for Money Wave Close > 20 with High Volume.
EVH EVOLENT HEALTH INC. Buy above the $30.04 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
CCJ CAMECO CORP. EXIT if it is going to Close below the Pink Line of $26.10. The Target was already Hit for a 16.9% Gain.
CRK COMSTOCK RESOURCES Target was Hit at $10.75 today for a 13.8 % Gain. This trade was not logged.
F FORD MOTOR CO. EXIT if it is going to Close below the Pink Line of $15.85. The Target was already Hit for a small Gain.
M MACY’S INC. EXIT if it is going to Close below the Pink Line of $25.98. The Target was already Hit for an 8.6% Gain.
SB SAFE BULKERS INC. EXIT if it is going to Close below Support of $4.45. This trade was not logged.
NEW: MY TRADING DASHBOARD
DAY TRADING SETUPS
NEW: TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Oct 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.