FEB 16, 2021 We are dealing with Freeze & Power issues today, so this email may not accurately reflect Tuesday’s Signals.
Markets were mixed today after rallying in the morning. Volume was very low, but most don’t want to Sell with the FED Printing and FOMO (Fear of Missing Out). There still seems to be more Short Squeezing going on with some stocks.
Most of the Indices are over-bought and back up into the Red Zones (probably too late to Buy for the Short Term). Please have discipline and WAIT for a pull-back.
We are being conservative and only Buying Signals now if the Volume is High (at least 1.25 X the 50-day avg. Volume). The better trades happen when the S&P 500 Index is also in the Green Zone (now back up in the Red Zone).
Bonds were down again today, another New Low and are below the Green Line.
Crude Oil was up $0.33 today at $59.80.
BUYS TODAY 2/16/2021
SAVA CASSAVA SCIENCES “Gapped Up” 9.7 % today, so SAVA will not be logged.
TSLA TESLA INC. Money Wave Buy today. TSLA will not be logged as the Volume is below average of 41 MIL.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
EXPR EXPRESS INC. Buy above $3.34 on High Volume with a 5% Trailing Sell Stop Loss below it.
GME GAMESTOP CORP. Buy above $63.00 on High Volume with a 5% Trailing Sell Stop Loss below it.
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BCRX BIOCRYST PHARMA. Buy above $10.41 on High Volume with a 5% Trailing Sell Stop Loss below it.
GRTS GRITSTONE ONCOLOGY Buy above $17.42 on High Volume with a 5% Trailing Sell Stop Loss below it.
Money Wave Buys Signals Soon (3 Days-3 Weeks Short Term): (Best to Buy the.se when the S&P 500 is also in the Green Zone.)
These Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
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
F FORD MOTOR CO. EXIT if it is going to Close below the Pink Line around $11.45. The Target was already Hit.
FUBO FUBOTV INC. EXIT if it is going to Close below Support of $42.80. This trade was not logged.
SCHW CHARLES SCHWAB CORP. Target Hit at $59 for an 8.2% Gain. This trade was not logged.
SID COMPANHIA SIDERURGICA SA EXIT if it is going to Close below the Pink Line around $6.10. The Target was already Hit.
SPWR SUNPOWER CORP. EXIT if it is going to Close below the Pink Line around $46.23. This trade was not logged.
Please updates your Sell Stops.
Click for CURRENT POSITION CHARTS – Real Time (Please check and adjust your Sell Stops).
Click for CLOSED POSITIONS,
NEW: MY TRADING DASHBOARD
DAY TRADING SETUPS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Jan 31, 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.