Markets were higher today but many of the very Strongest Leaders are quickly back up near their Highs (Resistance). We need to see Higher Volume to push through Resistance, but it was not there today. Soon the stronger S&P 500 and NASDAQ 100 Indices need to exceed the November Highs to remain Bullish.
New Investors: The Markets have popped up on several Money Wave Buy Signals earlier this week. The Watch List is now small, so WAIT for more Green Zone Buys soon. The better trades happen when the S&P 500 Index is also in the Green Zone (like on Monday).
Many Subscribers are looking for Triple Buy and Intra-day Stock Alerts from Twitter or texts. We want to see High Volume on Triple Buys, but it is rarely happening now. And Low Volume normally means Lower probability. Maybe most investors are already fully Invested?
One of the slowest Triple Buy action today: DARE (+7%) Many more should be setting up for next week in DAY TRADING SETUPS. Try out the New Side by Side layout.
NEW! DAY TRADING FOR INDICES & LARGE CAPS.
Bonds were down today, but are Above the Green Line.
Crude Oil was down $1.81 today at $70.55.
BUYS TODAY 12/10/2021 NONE TODAY
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.
HPQ HP INC. Wait for Money Wave Close > 20 with High Volume.
SWING TRADING WATCH LIST (Click here) WATCH LIST SCROLLING CHARTS
ACI ALBERTSONS CO. Wait for Money Wave Close > 20 with High Volume.
UPST UPSTART HOLDINGS Buy if it Closes above $199.80 with High Volume (2nd Buy Signal). Maybe next bounce up soon.
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).
UPST UPSTART HOLDINGS LOWER the Sell Stop Loss below $157.26 until it bottoms.
MY TRADING DASHBOARD
DAY TRADING SETUPS
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.
HAVE A NICE WEEKEND!
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