Markets were down today as the Indices are relieving the over-bought condition. The Large Cap FAANMG Stocks were weak on Higher Interest Rates.
Solar and Clean Energy Investments have finally corrected and many are on the Jump Start list for pops soon. The Indices are slowly coming down from the Red Zones for more Money Wave Buys soon. Please have discipline and WAIT for the major Indices to return to their Green Zones.
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 coming down from the Red Zone).
More new additions today to DAY TRADING SETUPS.
Bonds were down again today, and are below the Green Line.
Crude Oil was up $2.25 today at $61.51.
BUYS TODAY 2/22/2021
BLDP BALLARD POWER Relative Strength is Below 90. Avoid. BLDP no longer meets the Green Line Rules.
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 the Pink Line of $2.68 on High Volume with a 5% Trailing Sell Stop Loss below it.
GME GAMESTOP CORP. Buy above the Pink Line of $48.80 on High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
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 these 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
BRCX BIOCRYST PHARMA. Target was Hit at $12 for a 15 % Gain. This trade was not logged.
MARA MARATHON PATENT EXIT if it is going to Close below the Pink Line of $39.29. The Target was already Hit.
TSLA TESLA INC. EXIT if it is going to Close below the Red Line of $755.31. This trade was not logged.
X US STEEL GROUP EXIT if it is going to Close below your Buy Price, or $18.73.
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.