Markets were lower again today as the Indices are relieving their over bought condition, so we can Buy soon. Most Momentum Stocks have pulled back quite a bit, and historically they should pop back up soon.
Thank you for being patient and Waiting for Buy Signals. We currently only have 2 Short Term logged trades. Yes, it is very FRUSTRATING to Wait for a pull back, but Waiting is one of the hardest parts of Investing. The Leaders and the S&P 500 Index are coming down from the Red Zones (probably too late to Buy for the Short Term), so we should have more Money Wave Buy Signals soon, if the Volume will return to normal.
The better trades happen when the S&P 500 Index is also in the Green Zone. Please be patient and WAIT for pull-backs.
Many Low Priced Investments should be bottoming soon: DAY TRADING SETUPS.
Bonds were down today, and are below the Green Line.
Crude Oil was down $1.04 today at $62.33.
BUYS TODAY 4/20/2021 NONE TODAY
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NEW! JUMP START SCROLLING CHARTS: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
AMAT APPLIED MATERIALS INC. Wait for Money Wave Close > 20 with High Volume.
PAVM PAVMED INC. Wait for Money Wave Close > 20 with High Volume.
VUZI VUZIX CORP. Wait for Money Wave Close > 20 with High Volume.
ZKIN ZK INT’L. GROUP Wait for Money Wave Close > 20 with High Volume. (2nd Money Wave Buy soon.)
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WATCH LIST SCROLLING CHARTS (Real Time)
AMRS AMYRIS INC. Buy above the Pink Line of $15.58 with High Volume with a 5% Trailing Sell Stop Loss below it.
BNGO BIONANO GENOMICS Buy above the Pink Line of $6.47 with High Volume with a 5% Trailing Sell Stop Loss below it.
DDD 3D SYSTEMS CORP. Buy above the Pink Line of $22.10 with High Volume with a 5% Trailing Sell Stop Loss below it.
KOPN KOPIN CORP. Wait for Money Wave Close > 20 with High Volume.
MRO MARATHON OIL Wait for Money Wave Close > 20 with High Volume.
RIOT RIOT BLOCKCHAIN Wait for Money Wave Close > 20 with High Volume.
UEC URANIUM ENERGY CORP. Buy above the Pink Line around $2.87 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
M MACY’S INC. EXIT if it is going to Close below the Pink Line around $16.55. This trade was not logged.
OXY OCCIDENTAL PETE EXIT if it is going to Close below Support of $23.92, or Change it to a Long Term Buy with Stop below the Green Line of $22.37. OXY is back down in the Green Zone, so we should Buy it again very soon. This trade was not logged.
XLE ENERGY FUND LOWER the Sell Stop Loss below $46.24. XLE looks like it is having a “falling wedge” Correction and then it should re-test the Highs again. Relative Strength is still 96.
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.