Markets were mostly lower today as the Indices were stretched Way Above the Green Lines and very over-bought for the Short Term., Volume was below average, so not much Selling. Many Big Tech were higher as the Markets narrowed to the Large Caps. The weaker DOW 30 Index and the Small Caps dropped the most today, and need to make New Highs soon for this rally to continue.
The very Strongest Leaders are quickly back up in the Red Zones (probably too late to Buy for the Short Term). Please WAIT for more Green Zone Buys soon. Smart Money is not Buying much up here on the Highs (low Volume).
NEW SUBSCRIBERS: Markets are Way Above the Green Lines. That is when new investors LOSE Money. Please WAIT for the Volume to improve. The low Volume recently has WARNED us against Buying much at this time. The better trades happen when the S&P 500 Index is also in the Green Zone.
Some pops today on DAY TRADING SETUPS
Bonds were up today, and are trying to Close back above the Green Line.
Crude Oil was down $1.64 today at $73.52, after making a New High above $76.
BUYS TODAY 7/6/2021
AVXL ANAVEX LIFE SCIENCES Bought above $25.16 but AVXL will not be logged as the Volume is below average of 2.6 MIL.
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.)
ATOS ATOSSA GENETICS Wait for Money Wave Close > 20 with High Volume.
BB BLACKBERRY LTD. Buy above the Pink Line around $12.48 with High Volume with a 5% Trailing Sell Stop Loss below it.
MMAT META MATERIALS INC. Buy above $7.96 with High Volume with a 5% Trailing Sell Stop Loss below it.
SPCE VIRGIN GALATIC Wait for Money Wave Close > 20 with High Volume.
UONE URBAN ONE INC. Buy above the Pink Line around $8.91 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
DSX DIANA SHIPPING INC. Wait for Money Wave Close > 20 with High Volume.
F FORD MOTOR CO. Wait for Money Wave Close > 20 with High Volume. (2nd Buy signal soon).
MVIS MICROVISION INC. Wait for Money Wave Close > 20 with High Volume.
UAVS AGEAGLE AERIAL SYSTEMS Buy above $6.70 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
F FORD MOTOR CO. LOWER the Sell Stop Loss below the Red Line of $14.05 until it bottoms. This trade was not logged
Click for CURRENT POSITION CHARTS – Real Time (Please check and adjust your Sell Stops).
Click for CLOSED POSITIONS,
NEW: MY TRADING DASHBOARDDAY TRADING SETUPS
NEW: TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Jul 5, 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.
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– BB