Markets were lower today on mild profit taking. Retail stocks continued higher, but Big Tech was down on censorship concerns. Most of the Leaders are still up in the Red Zones (probably too late to Buy for the Short Term). W.ATCH LISTS are small, so time to WAIT.
New Subscribers: This is no longer a normal Market. Valuations on some companies are historically high, because Interest Rates are so Low. Markets will eventually come back down to the Green Zones for Money Wave Buys, so now we must be patient and wait for them to come back down. The better trades happen when the S&P 500 Index is also in the Green Zone.
DAY TRADING SETUPS We are sending out Day Trade Alerts with Twitter only at this time. (@AboveGreenLine)
Bonds were down again today, below Support.
Crude Oil was down $0.24 today at $52.00.
BUYS TODAY 1/11/2021 NONE TODAY
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
NONE TODAY
____________________________________________________________________________________________________________
MGNI MAGNITE INC. Money Wave must Close in the Green Zone.
STNE STONECO LTD. Money Wave must Close in the Green Zone.
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).
____________________________________________________________________________________________________________
SELLS TODAY
GBTC GRAYSCALE BITCOIN EXIT if it is going to Close below the Pink Line around $36.97. The Target has already been hit on this trade.
KODK EASTMAN KODAK EXIT if it is going to Close below Support of $8.04.
SQ SQUARE INC. EXIT if it is going to Close below the Pink Line around $226.12. The Target has already been hit on this trade.
Click for CURRENT POSITIONS and adjust 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.