Markets were lower again today as the Indices went down to the Pink Lines (10-day avgs.) The Indices need to bounce up at the Pink Lines soon to avoid a Short Term Sell Signal. The very Strongest Leaders that are still above the Pink Lines like AMD LCID NVDA SMH & IWM should pop right back up and retest the recent Highs. Please be patient and Wait for more Green Zone Money Wave Buy Signals soon.
New Investors: Leaders are coming down from Red Zones. Please WAIT for the Leaders to correct back down into the Green Zones for more Money Wave Buys. It does not take that long. The better trades happen when the S&P 500 Index is also in the Green Zone.
Bonds were down today, but are back Above the Green Line..
Crude Oil was down $3.04 today at $81.11
BUYS TODAY 11/10/2021 NONE TODAY
JUMP START SCROLLING CHARTS: (Buy with High Volume).
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).
ANY SPHERE 3D CORP. Slipped below the Buy Price of $6.74 and was Stopped Out. This trade was not logged.
BTU PEABODY ENERGY CORP. EXIT if it is going to Close below Support of $10.96. This trade was not logged.
UPST UPSTART HOLDINGS INC. LOWER the Sell Stop Loss below $220 until it bottoms. FEAR is causing Selling from Earnings. We will probably Buy a 2nd batch on the next Buy Signal, and then try to Sell it all around the Red Line (50-day avg.)
XLRE REAL ESTATE FUND EXIT if it is going to Close below the Pink Line around $48.24. The Target was already Hit for a 5.7% Gain.
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, or Low Volume. These have more risk.