Markets were mixed again today as the S&P 500 and DOW 30 Indices are on all time Highs, so many investors do not want to Buy up here. Momentum Stocks have pulled back and should have some nice pops back up soon. Because the Markets are near Highs, we are not Buying anything that has Volume below the 50-day average of Volume. Low Volume can mean a lack of Buyers, and caution.
Try to Buy only Investments that are still above the Red Lines for Short Term Trades (50-day avgs.) as they tend to bounce first.
The better trades happen when the S&P 500 Index is also in the Green Zone.
A couple of 9 % Pops today on the DAY TRADING SETUPS
Tomorrow we will have the latest updates on ETF SECTOR ROTATION SYSTEM
Bonds were up slightly today, and are below the Green Line.
Crude Oil was down $0.13 today at $60.43.
BUYS TODAY 3/30/2021
CAN CANAAN INC. ADR Money Wave Buy today, but CAN is already up 20% today so it will not be bought or logged.
We will “Not Log” trades if the Reward/Risk is not at least 2:1. These have more risk.
ARKK ARK INNOVATION FUND Long Term Buy today. Target is $140.00 EXIT if it is going to Close below Support of $106.25.
NIO NIO INC. Long Term Buy today. Target is $52.00 EXIT if it is going to Close below Support of $31.91. (2nd Buy).
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.
RIG TRANSOCEAN INC. Buy above $3.58 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. Buy above $27.90 with High Volume with a 5% Trailing Sell Stop Loss below it. 2nd Money Wave Buy soon.
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 NONE TODAY
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.