Markets were mixed today after yesterday’s big rally when the Indices bounced up off the Red Lines (50-day avgs.) Money Wave Pops have been weak, and the Markets need more Stimulus to boost confidence. The Senate should vote soon on the Plan.
Now the Indices need to make new Highs for the rally to continue. Bonds are very over-sold now and longer tern Interest Rates could drop for a while and help the Stock Market rally. The weak Volume is a warning. Please be PATIENT for the right Set Ups.
We are being conservative and only Buying Signals now if the Volume is High (at least 1.25 X the 50-day avg. Volume). The better trades happen when the S&P 500 Index is also in the Green Zone (now coming down from the Red Zone).
New Addition to the Dividend & Growth Strategy: OKE ONEOK INC. with a current dividend yield of 8.44 % and an SCTR score of 83.40, will be added to the Dividend Growth Portfolio today using funds accumulated from monthly contributions the past three months. OKE, along with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. The company operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. OKE was founded in 1906 and headquartered in Tulsa, Oklahoma.
Bonds were down, and are below the Green Line.
Crude Oil was down $1.03 today at $59.61.
BUYS TODAY 3/2/2021
BIDU BAIDI INC. Money Wave Buy today. BIDU will not be logged as the Volume is below average of 10.7 MIL.
ETM ENTERCOM COMMUNICATIONS Money Wave Buy today. ETM will not be logged as the Volume is below average of 2.1 MIL.
GRTS GRITSTONE ONCOLOGY Crossed above $14.82 but Volume was not High. GRTS will not be logged.
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.)
FCEL FUELCELL ENERGY INC. Buy above $19.12 with High Volume with a 5% Trailing Sell Stop Loss below it.
VERU VERU INC. Buy above $15.65 on High Volume with a 5 % Trailing Sell Stop Loss Below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
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. LOWER the Sell Stop Loss below $30.00 until it bottoms. Earning were lower than expected.
TAN SOLAR FUND EXIT if it is going to Close below your Buy Price, or $103.34.
Please updates 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.