Markets were higher this morning, and then sold off. The S&P 500 and NASDAQ 100 Indices are trying to hold here near the Red Lines (50-day avgs.) for the Markets to maintain upward momentum. The S&P 500 Index is back down in the Green Zone for a Money Wave Buy Signal soon. The weaker DOW 30, NYSE & Small Cap Indices are over-sold on the Short Term.
New Investors: Please be patient and WAIT for Money Wave Buy Signals. The better trades happen when the S&P 500 Index is also in the Green Zone (finally back down to Green Zone).
Several Day Trading Pops this morning: HUT (+7%) LCID (+6%) MARA (+11%) RIOT (+8%) RBLX (+5%). Soon for AMC BGFV HIVE HUT LCID M OCGN RIVN & TSLA in DAY TRADING SETUPS. Try out the New Side by Side layout.
NEW! DAY TRADING FOR INDICES & LARGE CAPS.
New TOP 100 LIST Updated Dec 1, 2021
Bonds were higher today, and are Above the Green Line.
Crude Oil was down $0.95 today at $65.24.
BUYS TODAY 12/01/2021
ITB HOME BUILDING FUND Money Wave today. Target is $80. EXIT if it is going to Close below $75.30.
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JUMP START STOCKS Shop for a better price earlier in the day. Only use Jump Start on the same day that a Daily Money Wave Buy Signal will occur.
BKKT BAKKT HOLDINGS INC. Wait for Money Wave Close > 20 with High Volume.
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SWING TRADING WATCH LIST (Click here) WATCH LIST SCROLLING CHARTS
LC LENDING CLUB CORP. Buy above $36.98 with High Volume with a 5% Trailing Sell Stop Loss below it.
M MACY’S INC. Wait for Money Wave Close > 20 with High Volume.
UPST UPSTART HOLDINGS Wait to try to Buy soon on the next bounce. (2nd Buy Signal soon).
XLY CONSUMER DISCRETIONARY FUND 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
EVGO EVGO INC. EXIT if it is going to Close below the Green Line of $12.19. This trade was not logged.
HIVE HIVE BLOCKCHAIN EXIT if it is going to Close below Support of $3.56.
NET CLOUDFLARE INC. EXIT if it is going to Close below $175.75. This trade was not logged.
TSLA TESLA INC. EXIT if it is going to Close below the Pink Line around $1119.10. The Target was already Hit at $1175 for a 13.7 % Gain.
UEC URANIUM ENERGY CORP. Sliced below Support of $3.88 today. EXIT for a loss, or we will keep UEC and CHANGE to a Long Term Trade (Stop below the Green Line of $2.81). UEC just made a fresh New High and the Relative Strength is 98. The Weekly Chart still looks great. Maybe try to Sell around $4.50.
UPST UPSTART HOLDINGS Lower Sell Stop Loss below $160 until it bottoms.
MY TRADING DASHBOARD
DAY TRADING SETUPS
TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Dec 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.
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