Markets were slightly higher again today as the Indices try to exceed the recent Highs. Let’s see: Markets are going down quickly on High Volume, and rally back up slower on Low Volume. Normally that is Bearish, but most don’t care with the FED Printing and creating a Bubble. This is NOT a normal Market, and most of you will remember this Virus stampede for the rest of your life.
The Markets are near Highs, but yesterday only 51 % of the S&P 500 Stocks were above their 50-day averages. In a good strong Market, “All Boats Rise”.
NEW SUBSCRIBERS: The Markets finally pulled back to the 50-day averages on Monday, but the pull back was so tiny that the rally up has been small also. Many newer Investors are spending ALL of their Money up here, because of FOMO (FEAR OF MISSING OUT). The better trades happen when the S&P 500 Index is also in the Green Zone (now almost back up in the Red Zone again).
Slow day on DAY TRADING SETUPS
Bonds were up today, and are back above the Green Line.
Crude Oil was up $1.42 today at $71.72.
BUYS TODAY 7/22/2021 NONE TODAY
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JUMP START SCROLLING CHARTS: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
ATOS ATOSSA GENETICS Wait for Money Wave Close > 20 with High Volume.
LEDS SEMILEDS CORP. Buy above $10.90 with High Volume with a 5% Trailing Sell Stop Loss below it.
MMAT META MATERIALS INC. Buy above $4.24 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
AUUD AUDDIA INC. Buy above $4.03 with High Volume with a 5% Trailing Sell Stop Loss below it.
BB BLACKBERRY LTD. Buy above $10.90 with High Volume with a 5% Trailing Sell Stop Loss below it.
MRIN MARIN SOFTWARE INC. Buy above the Pink Line with High Volume with a 5% Trailing Sell Stop Loss below it.
NEGG NEWEGG COMMERCE Buy above $30.99 with High Volume with a 5% Trailing Sell Stop Loss below it.
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
AMC AMC ENTERTAINMENT Slipped below the Buy Price yesterday and was Stopped Out (Don’t Take a Loss!). This trade was not logged.
Click for CURRENT POSITION CHARTS – Real Time (Please check and adjust your Sell Stops).
Click for CLOSED POSITIONS,
NEW: MY TRADING DASHBOARDDAY TRADING SETUPS
NEW: TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Jul 5, 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, or Low Volume. These have more risk.