MARKETS WILL BE CLOSED ON FRIDAY FOR CHRISTMAS HOLIDAY.
Markets were higher again today as the Institutional Money was gone for the Holiday, and the Retail Investor loves to Buy. The S&P 500 Index is quickly back up near the Highs. Volume is low again on the Holiday week. Small Caps are still lagging as there is still some tax loss Selling going on until Dec 31.
New Investors: Many of the strongest Leaders are quickly back up in the Red Zones (probably too late to Buy for the Short Term). Please be patient and WAIT for more Green Zone Buy Signals. The better trades happen when the S&P 500 Index is also down in the Green Zone.
Bonds were down today, but are Above the Green Line.
Crude Oil was up $0.88 today at $73.64.
BUYS TODAY 12/23/2021
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).
SELLS TODAY NONE TODAY
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 LONG WEEKEND!