Markets were higher today as the Selling was over done for the Short Term. The S&P 500 and NASDAQ 100 Indices are holding above the Red Lines (50-day avgs.) for the Markets to maintain upward momentum and re-test the Highs. The S&P 500 Index is back down in the Green Zone for a Money Wave Buy Signal soon. Maybe one more dip down in the morning. The weaker DOW 30, NYSE & Small Cap Indices are also 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).
Bonds were mixed today, and are Above the Green Line.
Crude Oil was up $1.62 today at $67.19.
BUYS TODAY 12/02/2021 NONE TODAY
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).
HIVE HIVE BLOCKCHAIN EXIT if it is going to Close below Support of $3.56.
MARA MARATHON DIGITAL Slipped below the Buy Price of $49.57 and was Stopped Out (Don’t Take a Loss!)
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.