Markets were higher today as Buyers still have money to spend, and some Leaders became over-sold for the Short Term. The Indices need to continue to make New Highs for this rally to continue. That becomes harder and harder as the Indices are stretched Way Above the Green Lines. Please be patient and WAIT for more Money Wave Buys soon.
New Subscribers: Markets are currently very High now because Interest Rates are very low. Speculation levels are high now, and many Investors have “Panic Bought”. The Leaders 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 down today.
Crude Oil was up $2.24 today at $50.01.
BUYS TODAY 1/05/2021
CHWY CHEWY INC. Money Wave Buy today. CHWY will not be logged as it is already up 6.0 % 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.)
FRSX FORESIGHT AUTO HOLDINGS Buy above $4.45 on High Volume with a 5% Trailing Sell Stop Loss.
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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
XPEV XPENG INC. EXIT if it is going to Close below your Buy Price, or $42.29. 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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– CHWY