GME H Chart
The Shorts are finally covering on GameStop (GME) today.

Markets were higher today as Investors are expecting another Stimulus Plan soon. Bonds don’t like it, and have dropped over 20% from last year’s High. Several more Money Wave Buys today, but most are up on Low Volume.  

Buyers are eager to Buy on any pull-back.  The Indices are having trouble 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). 

There were several 9 %+ pops today on the  DAY TRADING SETUPS.

Bonds  were down again today, and are over 20% off last year’s High.

Crude Oil was up $1.35 today at $63.13.

BUYS TODAY    2/24/2021   

GME      GAMESTOP CORP.     Bought above $48.51 today. Target is $70.00.  Don’t Take a Loss! 

TAN      SOLAR FUND      Money Wave Buy today. Target is $112.00.  EXIT if it is going to Close below $91.51.

 

DDD      3D SYSTEMS CORP.      Money Wave Buy today.  DDD will not be logged as the Volume was below average of 15 MIL.

EXPR      EXPRESS INC.      Moved up above the Pink Line but the Volume was low, so EXPR will not be logged.

GRTS      GRITSTONE ONCOLOGY      Moved up above the Pink Line but the Volume was low, so GRTS will not be logged.

PACB      PACIFIC BIOSCIENCES       Money Wave Buy today.  PACB will not be logged as the Volume was below average of 5.6 MIL.

Z      ZILLOW GROUP       Money Wave Buy today.  Z will not be logged as the Volume was below average of 3.3 MIL.

We will “Not Log” trades if the Reward/Risk is not at least 2:1. These have more risk.     

JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)   

 NONE TODAY

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WATCH LIST

WATCH LIST SCROLLING CHARTS (Real Time)      

NONE TODAY     

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  

SAVA      CASSAVA SCIENCES      EXIT if it is going to Close below your Buy Price, or $51.83. 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.       

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DAY TRADING SETUPS

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