Markets were lower today on mild profit taking. The Volume was low and the Leaders are coming down from the Red Zones (probably too late to Buy for the Short Term). Maybe completing a Wave 3 up since the Sep. lows and then normally a mild Wave 4 pull-back. Please be patient and Wait for more Green Zone Money Wave Buy Signals soon.
New Investors: Leaders are starting to come 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 up today, and are back Above the Green Line..
Crude Oil was up $2.50 today at $84.42.
BUYS TODAY 11/09/2021 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).
AA ALCOA CORP. Slipped below the Buy Price of $47.08 and was Stopped Out.
UPST UPSTART HOLDINGS INC. Earnings come out today after the Close, if you are nervous about holding during Earnings.
UNG US NATURAL GAS FUND EXIT if it is going to Close below Support of $17.09. This trade was not logged.
XLRE REAL ESTATE FUND EXIT if it is going to Close below the Pink Line around $48.18. 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.