Markets were higher again today as the Indices are now getting close to the recent Highs. Now the Indices must continue to make Higher Highs for the rally that began in March 2020 to continue. Normally there would be some Selling at the Resistance of the previous Highs, and many of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term).
There are several Money Wave Buys today (see below), but the Volume is low on all. We don’t want to Buy with the Markets back up near the Highs.
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.
Triple Buys today for CEI (+25%) GSAT (+5%) IRNT (+12%) LPTX (+6%) & UNG. Soon for ANY BTBT DATS JSPR & OCGN in DAY TRADING SETUPS.
Bonds were up today, but are Below the Green Line.
Crude Oil was up $0.39 today at $82.83, a New High.
BUYS TODAY 10/19/2021
CKR COMSTOCK RESOURCES INC. Money Wave Buy today, but CRK will not be bought or logged as the Volume is below average of 3.7 MIL.
CTRA COTERRA ENERGY INC. Money Wave Buy today, but CTRA will not be bought or logged as the Volume is below average of 13.3 MIL.
SB SAFE BULKERS INC. Money Wave Buy today, but SB will not be bought or logged as the Volume is below average of 1.9 MIL.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
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JUMP START SCROLLING CHARTS: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
LPTX LEAP THERA. Wait for Money Wave Close > 20 with High Volume.
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WATCH LIST SCROLLING CHARTS (Real Time)
EVH EVOLENT HEALTH INC. Buy above the $30.90 with High Volume with a 5% Trailing Sell Stop Loss below it.
MRIN MARIN SOFTWARE INC. Buy above the $8.60 with High Volume with a 5% Trailing Sell Stop Loss below it.
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).
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SELLS TODAY NONE TODAY
Click for CURRENT POSITION SCROLLING CHARTS – Real Time (Please check and adjust your Sell Stops).
Click for CLOSED POSITIONS,
NEW: MY TRADING DASHBOARD
DAY TRADING SETUPS
NEW: TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Oct 1, 2021
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.