Markets were mostly lower today on mild Selling. Tammy is spending all of her money up here because her Greed and Emotions have caused FOMO (Fear of Missing Out). The stock rally up since bouncing off the Red Lines (50-day avg.) last week is getting tired.
Most of the Indices are over-bought and back up into the Red Zones (probably too late to Buy for the Short Term). Please have discipline and WAIT for a pull-back.
We are being conservative and only Buying Signals now if the Volume is High (at least 1.25 X the 50-day avg. Volume). The better trades happen when the S&P 500 Index is also in the Green Zone (now back up in the Red Zone).
Several new adds to the DAY TRADING SETUPS.
Bonds were down today, and are below the Green Line.
Crude Oil was down $0.73 today at $57.95.
BUYS TODAY 2/11/2021
FUBO FUBOTV INC. Money Wave Buy today, but it has higher risk. FUBO will not be logged as the Volume is below average of 26 MIL.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
EXPR EXPRESS INC. Buy above $3.34 on High Volume with a 5% Trailing Sell Stop Loss below it.
GME GAMESTOP CORP. Buy above $63.00 on High Volume with a 5% Trailing Sell Stop Loss below it.
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BCRX BIOCRYST PHARMA. Buy above $10.41 on High Volume with a 5% Trailing Sell Stop Loss below it.
GRTS GRITSTONE ONCOLOGY Buy above $17.42 on High Volume with a 5% Trailing Sell Stop Loss below it.
SAVA CASSAVA SCIENCES Buy above $52.80 on High Volume with a 5% Trailing Sell Stop Loss below it.
Money Wave Buys Signals Soon (3 Days-3 Weeks Short Term): (Best to Buy the.se when the S&P 500 is also in the Green Zone.)
These Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
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
CLSK CLEANSPARK INC. EXIT if it is going to Close below the Pink Line around $29.98. The Target was already Hit.
GM GENERAL MOTORS CO. EXIT if it is going to Close below the Pink Line around $53.91. The Target was already Hit.
M MACY’S INC. EXIT if it is going to Close below your Buy Price, or $15.18. This trade was not logged.
Please updates your Sell Stops.
Click for CURRENT POSITION CHARTS – Real Time (Please check and adjust your Sell Stops).
Click for CLOSED POSITIONS,
NEW: MY TRADING DASHBOARD
DAY TRADING SETUPS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Jan 4, 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.