Markets were mixed today on low Spring Break Volume. The Market does not have many Sellers with the FED Printing, but it also does not seem to have much New Money to Buy up at these levels. Money Wave Buy Signal Pops have been weak recently.
The Stock Indices and many Leaders are quickly coming down to the Green Zones (probably too late to Sell for the Short Term) for Money Wave Buy Signals soon. 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.
Bonds were up slightly today, but are below the Green Line.
Crude Oil was up $1.44 today at $61.44.
BUYS TODAY 3/19/2021
OXY OCCIDENTAL PETE. Money Wave Buy today, but OXY will not be logged as it is already up 6.5 % today and has more risk.
We will “Not Log” trades if the Reward/Risk is not at least 2:1. These have more risk.
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
MRO MARATHON OIL Buy above $11.14 with High Volume with a 5% Trailing Sell Stop Loss below it.
XLE OIL STOCK FUND Buy above $50.35 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.
PLUG PLUG POWER INC. Buy above $39.97 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
DDD 3D SYSTEMS CORP. EXIT if it is going to Close below the Pink Line around $28.99 for a 9 % Gain. (2nd Buy Signal only).
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.
HAVE A SAFE WEEKEND!