Markets were mostly lower again today on mild Selling as the Leaders are coming down from the Red Zones (probably too late to Buy for the Short Term) for Money Wave Buy Signals soon. The S&P 500 Index is trying to hold above the Pink Line (10-day avg.) at 4515 to avoid a Short Term Sell Signal. The weaker DOW 30 Index went all the way down to the Red Line (50-day avg.)
Earnings are pretty much over, so the Markets don’t have much to react to, other than Waiting on the FED to maybe make a change in Printing…
New Investors: Please WAIT for the Leaders to return to the Green Zones for more Money Wave Buy Signals soon. Lately the Buying Volume has been low which indicates that Smart Money is not Buying much. The Markets are near Highs, and have not pulled back enough to create many good over-sold entries. The better trades happen when the S&P 500 Index is also in the Green Zone.
Triple Buy Signals today from ANY (+16%) & DVAX (+4%) and soon on CHS, M, EXPR & SPRT in DAY TRADING SETUPS.
Bonds were up today, and are Above the Green Line.
Crude Oil was up $1.04 today at $69.39.
BUYS TODAY 9/8/2021 NONE TODAY
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JUMP START SCROLLING CHARTS: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
BYSI BEYOND SPRING INC. Wait for Money Wave Close > 20 with High Volume.
EXPR EXPRESS INC. Wait for Money Wave Close > 20 with High Volume.
SPRT SUPPORT.COM INC. Wait for Money Wave Close > 20 with High Volume.
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WATCH LIST SCROLLING CHARTS (Real Time)
ANY SPHERE 3D Corp. Wait for Money Wave Close > 20 with High Volume. (2nd Buy Signal soon).
CHS CHICOS FAS INC. Wait for Money Wave Close > 20 with High Volume.
M MACY’S INC. Wait for Money Wave Close > 20 with High Volume.
NUE NUCOR CORP. Wait for Money Wave Close > 20 with High Volume.
NEGG NEWEGG COMMERCE INC. Buy above $21.22 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
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.