Markets were higher again today after the FED promised more massive Printing and continued Buying of $120 BILLION of Debt monthly. The Indices now have the Red Lines (50-day avgs.) as Short Term Resistance to Close above to bring in more Buyers. Buying was better today, but Investors are waiting to see if the Markets will re-test Monday’s Low once more. Then we could see a Short Term bottom on the Markets.
The Markets should have enough momentum to rally back up near the Highs again, but now it might take several weeks. Try to only Buy new money investments that are still above the Red Lines, as they tend to bounce first. (See WATCH LIST SCROLLING CHARTS )
New Investors: The Indices have fallen below the 50-day averages, which could mean that it might take a while longer before the next bounce up to re-test the Highs. Normally we won’t see a big advance until the Volume picks up. The better trades happen when the S&P 500 Index is in the Green Zone.
Triple Buys today for DVAX (+33%) BTU (+7%) HUT (+13%) NXE (+7%) & ANY (+8%). Soon for AMC BBIG BTU OCGN GSAT IRNT UUUU & OPAD in DAY TRADING SETUPS.
Bonds were up slightly today, but are Above the Green Line.
Crude Oil was up $1.58 today at $72.07.
BUYS TODAY 9/22/2021
GSM FERROGLOBE PLC. Money Wave Buy today. Target is $9.25. EXIT if it is going to Close below $7.06.
HUT HUT 8 MINING CORP. Money Wave Buy today, but HUT will not be bought or logged as it is already up 13 % today. Maybe you bought early on the Jump Start.
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.)
AMC AMC ENTERTAINMENT Wait for Money Wave Close > 20 with High Volume.
BBIG VINCO VENTURES INC. Wait for Money Wave Close > 20 with High Volume.
BTU PEABODY ENERGY Wait for Money Wave Close > 20 with High Volume.
CCJ CAMECO CORP. Wait for Money Wave Close > 20 with High Volume.
UUUU ENERGY FUELS INC. Wait for Money Wave Close > 20 with High Volume.
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WATCH LIST SCROLLING CHARTS (Real Time)
UNG US NATURAL GAS FUND Wait for Money Wave Close > 20 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).
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SELLS TODAY
DVAX DYNAVAX TECH Target Hit at $17 for a 14.2 % Gain. This trade was not logged.
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
TOP 100 LIST Updated Sep 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.