Markets were higher today after the Indices dropped down near the Red Lines (50-day avgs.) and bounced. But the bounces are the same as they have been for months: with poor Buying Volume. Smart Money is not Buying much with the Markets near Highs… The Tech Stocks were higher.
New Investors: Several Leading Investments have returned to the Green Zones for Money Wave Buy Signals. Recently the Markets were so extended that the Money Wave Buy Signals were not popping up much. But the Low Volume continues to tell us that Smart Money is not participating up here on the Highs. The better trades happen when the S&P 500 Index is also in the Green Zone.
Several pop ups created Triple Buy Signals this morning ANY (+10%), BTBT (+8%), and MRIN (+14%) on DAY TRADING SETUPS.
Bonds were mixed today, and are Above the Green Line.
Crude Oil was down $1.46 today at $62.04.
BUYS TODAY 8/20/2021
BTBT BIT DIGITAL INC. Money Wave Buy today. Target is $17. EXIT if it is going to Close below $10.52.
CHS CHICO FAS INC. Money Wave Buy today but CHS will not be bought or logged as it is already up 6.5% today. Maybe you got some this morning on the 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.)
AMD ADVANCED MICRO Wait for Money Wave to Close > 20 with High Volume. 2nd Buy Signal soon.
KKR KKR & CO. INC. Wait for Money Wave to Close > 20 with High Volume. (2nd Buy Signal soon).
MRIN MARIN SOFTWARE Buy above the Pink Line around $5.40 with High Volume with a 5% Trailing Sell Stop Loss below it.
XLF FINANCIAL FUND Wait for Money Wave to Close > 20 with High Volume.
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WATCH LIST SCROLLING CHARTS (Real Time)
AA ALCOA CORP. Wait for Money Wave to Close > 20 with High Volume.
KKR KKR & CO. INC. Wait for Money Wave to Close > 20 with High Volume. (2nd Buy Signal soon).
LEDS SEMILEDS CORP. Buy above the Pink Line around $7.93 with High Volume with a 5% Trailing Sell Stop Loss below it.
MMAT META MATERIALS INC. Buy above the Green Line of $3.73 with High Volume with a 5% Trailing Sell Stop Loss below it.
NURO NEUROMETRIX INC. Buy above the Pink Line around $13.08 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 Aug 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.