MARKETS WILL BE CLOSED ON FRIDAY FOR GOOD FRIDAY HOLIDAY.
Markets were higher again today on mild pre-holiday Buying. The S&P 500 and DOW 30 Indices are on all time Highs again, but the Small Caps and NASDAQ 100 Funds are trying to catch up. Many investors do not want to Buy up here at the Highs, so the Volume is low. Low Volume can mean a lack of Buyers, and caution. Most of the Leaders are quickly back up in the Red Zones (probably too late to Buy for the Short Term).
Tech Stocks recovered today, but very few are back up to the Highs. The WATCH LIST has become small again. The better trades happen when the S&P 500 Index is also in the Green Zone.
Several Buy Signals today, but the Volume was not there on the DAY TRADING SETUPS
Today on the Opening (Apr 1, 2021), the ETF SECTOR ROTATION SYSTEM invested 20% of the proceeds from last quarter evenly into XLF, EEM, SLV, IWM, and XLE. Please note that the S&P 500 Fund, the DOW 30 Fund, and the NASDAQ 100 Fund are all too weak to make the cut now…
Bonds were up today, but are below the Green Line.
Crude Oil was up $2.13 today at $61.39.
BUYS TODAY 4/1/2021
CLR CONTINENTAL RESOURCES Traded today above $26.75 but the Volume was low and it is already up 5.5 %, so it will not be bought or logged.
DDD 3D SYSTEMS CORP. Traded today above $27.90 but the Volume was low, so it will not be bought or logged.
RIG TRANSOCEAN INC. Traded today above $3.58 but the Volume was low and it is already up in the Red Zone, so it will not be bought or logged.
We will “Not Log” trades if the Reward/Risk is not at least 2:1. These have more risk.
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
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WATCH LIST SCROLLING CHARTS (Real Time)
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
Please update your Sell Stops.
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 Mar 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. These have more risk.
HAVE A SAFE WEEKEND!