Markets were weaker again today on mild Selling Volume, and today some of the Big Tech got Hit. But then a rally came in as the S&P 500 Index was able to bounce up off the Red Line (50-day avg). More Sell Stops were triggered in the Open Positions List below. Many are waiting on the FED Meeting results on Wednesday. We need to see Higher Volume to push through Resistance, and the stronger S&P 500 and NASDAQ 100 Indices need to exceed the November Highs to remain Bullish.
New Investors: The Watch List below is growing again, so WAIT for more Green Zone Buys soon. The Low Buying Volume has been a problem. The better trades happen when the S&P 500 Index is also in the Green Zone.
A few Pops from Triple Buys today: AMC (+6%) BKKT (+7%) ISIG (+12%) PPSI (+6%) & $VIX (+13%) Many more should be setting up soon in DAY TRADING SETUPS. Try out the New Side by Side layout.
NEW! DAY TRADING FOR INDICES & LARGE CAPS.
Bonds were down slightly today, and are Above the Green Line.
Crude Oil was down $0.89 today at $70.40.
BUYS TODAY 12/14/2021
LCID LUCID GROUP INC. Money Wave Buy today, but LCID will not be Bought or Logged as the Volume is below average of 79.5 MIL. (2nd Buy Signal soon).
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.
AMD ADVANCED MICRO Buy above $137.24 with High Volume with a 5% Trailing Sell Stop Loss below it.
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.
APRN BLUE APRON HOLDINGS Wait for Money Wave Close > 20 with High Volume.
UPST UPSTART HOLDINGS Wait for Money Wave Close > 20 with High Volume. (2nd Buy Signal).
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).
BGI BIRK’S GROUP INC. EXIT if it is going to Close below the Pink Line around $4.80. The Target was already Hit for a 15.5 % Gain.
ENPH ENPHASE ENERGY EXIT if it is going to Close below Support of $207.05. This trade was not logged.
ITB HOME BUILDER’S FUND EXIT if it is going to Close below the Pink Line around $80.45. The Target was already Hit for a 5.2 % Gain.
QQQ NASDAQ 100 FUND Slipped below the Buy Price of $386.20 and was Stopped Out. (Don’t Take a Loss!)
UPST UPSTART HOLDINGS Looks like a “Hammer” candlestick pattern today (Bullish). LOWER the Sell Stop Loss once more if necessary below $140 until it bottoms. The Red Line (50-day avg.) is still up at $271. Hope to Buy another batch soon and Sell all near the Red Line.
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.
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