Markets were mostly higher today as Tammy is piling in on the Good News of more Stimulus Money. Bonds hate it and made New Lows for the Year, with Long Term Interest Rates rising. The DOW 30 Index made New Highs again today, but Big Tech was weak. The Indices are now back up in the Red Zones (probably too late to Buy for the Short Term.) Lots of Good News, so we are nervous (we like to Buy on Bad News). The tiny Watch List says CAUTION.
The S&P 500 Index needs to make New Highs soon for this rally to continue. When Investments get Way Above the Green Lines, they will eventually “Double Top” and return to the Green Lines.
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 today, and are below the Green Line.
Crude Oil was down $0.44 today at $65.58.
BUYS TODAY 3/12/2021 NONE TODAY
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
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WATCH LIST SCROLLING CHARTS (Real Time)
GT GOODYEAR TIRE Money Wave must Close in the Green Zone.
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 NONE TODAY
Please update 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
NEW: TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Mar 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. These have more risk.
HAVE A SAFE WEEKEND!