Markets were slightly higher again today on a small range day with below average Volume. The Markets are no longer over-sold on the Short Term, as the Indices have rallied back up about half way to the early September Highs. The S&P 500, NASDAQ 100, & Small Cap Indices are back above the Red Lines (50-day avgs.) but the DOW 30 Index is struggling there.
The Markets should have enough momentum to rally back up near the Highs again, but now that might take a little longer. Many are waiting to see if Congress will spend another $3.5 Trillion that we do not have. Try to only Buy new money investments that held above the Red Lines, as they tend to bounce first. (See WATCH LIST SCROLLING CHARTS )
New Investors: The Buying recently has been weak, and many forget that the Markets have Doubled since March 2020. Smart Money is hesitant to Buy up near the Highs, as eventually the Indices will return back down to the Green Lines (on some Bad News). The better trades happen when the S&P 500 Index is in the Green Zone.
Triple Buys today for OCGN (+5%) IRNT (+7%) & GREE (+7%). Soon for AMC ANY BBIG BTU DNN NXE OCGN UUUU & OPAD in DAY TRADING SETUPS.
Bonds were down today, but are Above the Green Line.
Crude Oil was up $0.62 today at $73.92.
BUYS TODAY 9/24/2021
BBIG VINCO VENTURES INC. Money Wave Buy today, but BBIG will not be bought or logged as it is already up 4.6 % 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.)
URA URANIUM FIND 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)
AMC AMC ENTERTAINMENT Buy above $41.85 with High Volume with a 5% Trailing Sell Stop Loss below it.
BTU PEABODY ENERGY Wait for Money Wave Close > 20 with High Volume.
CCJ CAMECO CORP. 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
HUT HUT 8 MINING CORP. Slipped below the Buy Price of $8.64 and was Stopped Out (Don’t Take a Loss!) 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.
HAVE A NICE WEEKEND!