Markets were mostly higher today as the Tech Stocks were strong, and the NASDAQ 100 Index made a New High. Indices are back up at last week’s Highs. Now the Indices need to make New Highs for the rally to continue. We need to see more stocks making New Highs to remain Bullish.
New Investors: The Watch List has quite a few entries, so now we need some good Buying Volume. Please be patient and WAIT for Money Wave Buy Signals. The better trades happen when the S&P 500 Index is also in the Green Zone.
Bonds were up today, but are back Below the Green Line..
Crude Oil was up $0.65 today at $79.01.
BUYS TODAY 11/18/2021
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).
LI LI AUTO INC. Slipped below the Buy Price of $31.40 today and was Stopped Out.
SLI STANDARD LITHIUM LTD. EXIT if it is going to Close below Support of $9.77. This trade was not logged.
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.