Markets were higher today as the S&P 500 Index continues to try to make New Highs. Volume is poor, but lots of action today on the DAY TRADING SETUPS. The other Indices need to catch up and make New Highs soon to keep this rally going.
NEW SUBSCRIBERS: Most of the strongest Leaders were back up in the Red Zones. But we still have a few strong Stocks on the WatchList below that have pulled back 30-50%, and should have nice bounces back up soon when the Volume picks up. The better trades happen when the S&P 500 Index is also in the Green Zone.
Some Triple Buy Signals today on EEGI (+25 %), NEGG (+34%) a nd NAOV (+20%) on DAY TRADING SETUPS.
Bonds were down today, but are back above the Green Line.
Crude Oil was dup $0.88 today at $69.03.
BUYS TODAY 8/5/2021
SAVA CASSAVA SCIENCES INC. Bought above $93.63 today. Target is $110. Do Not Take a Loss!
NEGG NEWEGG COMMERCE Traded above $20.70 today but the Volume was not High, so NEGG will not be bought or logged (Popped up 34 % for a while today).
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.
NURO NEUROMETRIX INC. Wait for Money Wave Close > 20 with High Volume.
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WATCH LIST SCROLLING CHARTS (Real Time)
AUUD AUDDIA INC. Buy above $3.56 with High Volume with a 5% Trailing Sell Stop Loss below it.
LEDS SEMILEDS CORP. Buy above $10.11 with High Volume with a 5% Trailing Sell Stop Loss below it.
MMAT META MATERIALS INC. Buy above $4.24 with High Volume with a 5% Trailing Sell Stop Loss below it.
MRIN MARIN SOFTWARE 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
NVDA NVIDIA CORP. Target Hit at $205 for a 10.1 % Gain.
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.
I never know when you’re buying or selling anything. When and how are you sending these alerts?
Hi Mike, and thanks for writing. The Intra-day Alerts are mainly coming from Twitter, as email and text methods are sometimes too slow.
I just added you for email Trade Alerts.
With the Markets on Highs, we are only Buying Investments that turn up on High Volume… That makes it tricky, but Buying on Highs is normally a poor bet anyway.
The Daily Email list the “BUYS TODAY”. Those are meant to be bought before the Close, with a Sell Stop Loss below it.
ATGL
Twitter is a good source to follow AGL @AboveGreenLine
Thanks Janice!
Yes, Twitter should be required for Subscribers, but many won’t try or use it..
The closing price on sava was way above 93.75. I received no intra day notice and I was on Twitter
Yes, Barbara, the Alert did not go off today on SAVA. Sorry about that.
Whenever there is a Buy Above $$ Price, followed with a 5% Trailing Sell Stop Loss, that is meant for you to set an Alarm or enter a Buy Stop Order in advance for that Investment.
Waiting on Alerts from Twitter or Texts can sometimes be too late, buy the time your set up for the order, and execute, etc.
ATGL