Markets were most down today, but there was some Short Squeezing going on with some of the Leaders. Speculation is Super High now on some stocks. If you are a conservative investor, maybe sit back and hold your Cash.
Markets are not backing off enough for many good trades yet, because the Herd has FOMO (Fear of Missing Out) and does not have the discipline to WAIT. We are WAITING for the Leaders to return back down to their Green Zones for Money Wave Buys soon. Most of the Leaders are very over-bought.
New Subscribers: This is not 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.
Bonds were up again today, but are below the Green Line.
Crude Oil was up $0.50 today at $52.77.
BUYS TODAY 1/25/2021
CLSK CLEANSPARK INC. Money Wave Buy today. Target is $35.00 EXIT if it is going to Close below Support of $24.01.
GBTC GRAYSCALE BITCOIN FUND Money Wave Buy today. GBTC will not be logged as the Volume is below average of 16.5 MIL. Maybe soon around $32.
M MACY’S INC. Money Wave Buy today. M will not be logged as it is already up 10 % today.
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.)
QS QUANTUMSCAPE CORP. Buy above the Pink Line around $52.20 on High Volume with a 5% Trailing Sell Stop Loss below it.
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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
KODK EASTMAN KODAK Target of $10 was hit for a 15.1 % Gain.
NET CLOUDFLARE INC. Target of $86 was hit for a 17.4 % Gain.
PACB PACIFIC BIOSCIENCES EXIT if it is going to Close below Support of $35.52. This trade was not logged.
PRTY PARTY CITY INC. EXIT if it is going to Close below Support of $7.28. This trade was not logged.
RUN SUNRUN INC. EXIT if it is going to Close below Support of $79.41. This trade was not logged.
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.
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– CLSK