Markets were mixed today but the Tech and Semiconductor stocks surged higher with the leadership of NVIDIA Corp. (+15%). Yesterday the FED announced a mild Tapering of the Debt Buying, which encouraged some Investors to pile in. But the Buying Volume was not good and many of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term).
The Watch List below only has 3 stocks on it, which normally means a Market pull-back is coming. Don’t chase Stocks because of FOMO (Fear Of Missing Out)…
New Investors: Leaders are back up in the 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 in the Green Zone.
Bonds were down today, but are back Above the Green Line..
Crude Oil was down $1.74 today at $79.12.
BUYS TODAY 11/04/2021 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).
RSX RUSSIA FUND EXIT if it is going to Close below Support of $31.72. This trade was not logged.
XLRE REAL ESTATE FUND EXIT if it is going to Close below the Pink Line around $48.05. 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.