Markets were lower today as the Indices are re-testing Friday’s Lows. The S&P 500 and NASDAQ 100 Indices need to hold here at the Red Lines (50-day avgs.) for the Markets to maintain upward momentum. The weaker DOW 30, NYSE & Small Cap Indices are below the Red Lines and now the Red Lines are Resistance. We need to see more stocks making New Highs for the rally to continue.
New Investors: The Buying Volume on many of the Buy Signals recently has been weak so we are not Buying much. 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 (finally back down to Green Zone).
Bonds were higher today, and are Above the Green Line.
Crude Oil was down $3.19 today at $66.76.
BUYS TODAY 11/30/2021 NONE TODAY
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).
HIVE HIVE BLOCKCHAIN LOWER the Sell Stop Loss $0.11, below todays Low of $3.56.
UEC URANIUM ENERGY CORP. EXIT if it is going to Close below $3.88. Maybe we can Buy it again soon.
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.