Markets were lower today as Retail and Oil Stocks dumped. Some are now worried about Economic weakness, but the Leaders were just very over-bought. The Market had no power left as many Investors were reluctant to Buy up at the Highs (Tammy spent most of her Money because she could not WAIT). More Money Wave Buy Signals soon.
The Stock Indices and many Leaders are quickly coming down to the Green Zones (probably too late to Sell for the Short Term). The WATCH LIST has become very large (so many we can’t list them all) because not much has been bouncing lately. A large Watch List probably means a rally is coming, but WAIT for Green Zone Buy Signals. The better trades happen when the S&P 500 Index is also in the Green Zone.
New additions today to DAY TRADING SETUPS
Bonds were up again today, but are below the Green Line.
Crude Oil was down $4.01 again today at $57.55.
BUYS TODAY 3/23/2021 NONE TODAY
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
CLR CONTINENTAL RESOURCES Buy above $26.75 with High Volume with a 5% Trailing Sell Stop Loss below it.
MRO MARATHON OIL Buy above $11.14 with High Volume with a 5% Trailing Sell Stop Loss below it.
PLUG PLUG POWER INC. Buy above $39.97 with High Volume with a 5% Trailing Sell Stop Loss below it.
XLE OIL STOCK FUND Buy above $49.08 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
DDD 3D SYSTEMS CORP. 2nd Money Wave Buy soon.
FSR FISKER INC. Buy above $21.75 with High Volume with a 5% Trailing Sell Stop Loss below it.
GT GOODYEAR TIRE Money Wave must Close in the Green Zone.
IWM SMALL CAP FUND 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
MGNI MAGNITE INC. EXIT if it is going to Close below the Pink Line around $47.87.
OXY OCCIDENTAL PETE EXIT if it is going to Close below Support of $26.51. This trade was not logged.
SINO SINOGLOBAL SHIPPING EXIT if it is going to Close below the Pink Line around $7.88. The Target has already been hit.
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.