Markets were mostly lower today as the Big Tech Stocks dumped. The Market does not seem to have much New Money to Buy up at these levels, and the Money Wave Buy Signal Pops have been weak recently. We will probably Stop Out of several Positions today (see SELLS TODAY below).
The Stock Indices and almost all of the Leaders and Current Positions were back up near the Red Zones (probably too late to Buy for the Short Term.) Currently the Watch List is small and mostly Oil Stocks, which says CAUTION. Now is the time to use discipline, and WAIT for Green Zone Buy Signals. It does not take that long. The better trades happen when the S&P 500 Index is also in the Green Zone (now back up in the Red Zone).
More news ones on the DAY TRADING SETUPS.
Bonds were down again today, and are below the Green Line.
Crude Oil was down $5.83 today at $58.77.
BUYS TODAY 3/18/2021 NONE TODAY
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
MRO MARATHON OIL Buy above $11.85 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
GT GOODYEAR TIRE Money Wave must Close in the Green Zone.
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
APPS DIGITAL TURBINE EXIT if it is going to Close below the Pink Line around $78.23. This trade was not logged.
BNGO BIANANO GENOMICS EXIT if it is going to Close below the Pink Line around $8.80. This trade was not logged.
GE GENERAL ELECTRIC EXIT if it is going to Close below your Buy Price, or $13.35. This trade was not logged.
GEVO GEVO INC. EXIT if it is going to Close below your Buy Price, or $8.80. This trade was not logged.
PACB PACIFIC BIOSCIENCES EXIT if it is going to Close below the Pink Line around $32.51. This trade was not logged.
SNAP SNAP INC. EXIT if it is going to Close below the Pink Line around $59.29.
TECK TECK RESOURCES EXIT if it is going to Close below the Pink Line around $21.80.
VERU VERU INC. EXIT if it is going to Close below the Pink Line around $14.11. This trade was not logged.
Please update 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
NEW: TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Mar 1, 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. These have more risk.