Markets were higher today and many of the Leaders dipped down into the Green Zones (probably too late to Sell) this morning. But then a rally came in as the FED meeting results were not as bad as many had FEARED. The S&P 500 Index was able to bounce up off the Red Line (50-day avg). Many of the Indices looked good down in the Green Zones, but took off so will wee have to WAIT for a Close in the Green Zone.
Now 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: CFVI (+10%) CPIX (+7%) DWAC (+8%) ISIG (+21%) & $VIX (+6%) 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 again today, but are Above the Green Line.
Crude Oil was up $0.88 today at $71.61.
BUYS TODAY 12/15/2021
AMD ADVANCED MICRO Bought above $137.24 today. Target is $155. EXIT if it is going to Close below $130.60.
HPQ HP INC. Money Wave Buy today, but HPQ will not be Bought or Logged as the Volume is below average of 10.7 MIL.
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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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.
ACI ALBERTSONS CO. Wait for Money Wave Close > 20 with High Volume.
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SWING TRADING WATCH LIST (Click here) WATCH LIST SCROLLING CHARTS
ITB HOME BUILDING FUND Wait for Money Wave Close > 20 with High Volume.
NVDA NVIDIA CORP. Money Wave must Close in the Green Zone
QQQ NASDAQ 100 FUND Money Wave must Close in the Green Zone.
SMH SEMICONDUCTOR FUND Money Wave must Close in the Green Zone.
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).
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SELLS TODAY NONE TODAY
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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