Markets were higher again today as Buying continued on Low Volume. The Indices were able to make Higher Highs, and nobody wants to Sell from FOMO (Fear Of MISSING OUT). Several more Targets were Hit today and most of the Leaders are now back up into the Red Zones (probably too late to Buy for the Short Term).
Most of the Leaders are Way Above the Green Lines. 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 B(now back up in the Red Zone).
Several new adds to the DAY TRADING SETUPS.
Bonds were up today, but are below the Green Line and a New Low.
Crude Oil was up $1.12 today at $57.97.
BUYS TODAY 2/8/2021
BBBY BED BATH & BEYOND Relative Strength has dropped below 90 and the Volume is Low, so BBBY will not be logged.
SPWR SUNPOWER CORP. Money Wave Buy today. SPWR will not be logged as the Volume is below average of 9.2 MIL.
XRT RETAIL FUND Money Wave Buy today. XRT will not be logged as the Volume is below average of 4.8 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.)
NONE TODAY
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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
ARKK ARK INNOVATION FUND Target of $150 was Hit for a 10.67 % Gain.
CLSK CLEANSPARK INC Target Hit at $35 for a 28.2 % Gain.
GBTC BITCOIN TRUST Target Hit at $43 for a 33.6 % Gain. This trade was not logged.
PACB PACIFIC BIOSCIENCES Target Hit at $38 for a 10.8 % Gain. This trade was not logged.
SID COMPANHIA SUDERURGICA SA Target Hit at $6.50 for a 11.3 % Gain.
VBIV VBI VACCINES INC. Target Hit at $4.25 in the Long Term Portfolio for a 50.7 % Gain.
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.