Markets were higher today as the FED announced the expected Tapering of the Debt Buying, but only by $15 Billion monthly. And then the FED said that Inflation is transitory, and the Markets made new High on low Volume. So how will Investors feel when the FED finally looks at the Inflation Chart above, and sees a strong Bull Market of Rising Prices?
Many of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). The Watch List below only has 2 stocks on it, which normally means a Market pull-back is coming. Remember, Smart Money waits for Bad News to Buy, but the Herd is currently Chasing Stocks because of FOMO (Fear Of Missing Out)…
New Investors: Leaders are back up in the Red Zones. Please WAIT for the Leaders to correct back down into the Green Zones for more Money Wave Buys. It does not take that long. The better trades happen when the S&P 500 Index is in the Green Zone.
Several Triple Buys today: AMC (+12%) BTU (+8%) DNN (+7%) HX (+7%) OCGN (+12%) PHUN (+7%). Soon for ANY BBIG DATS DWAC & MARK in DAY TRADING SETUPS. Try out the New Side by Side layout.
Bonds were down today, but are back Above the Green Line..
Crude Oil was down $3.77 today at $80.14.
BUYS TODAY 11/03/2021
BTU PEABODY ENERGY Money Wave Buy today, but BTU will not be Bought or Logged as it is already up 6% today. Maybe you bought earlier on the DAY TRADING SETUPS.
UNG US NATURAL GAS FUND Money Wave Buy today, but UNG will not be Bought or Logged as the Volume is below average of 9.7 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 with High Volume).
LPTX LEAP THERA. Buy above the Pink Line around $2.80 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
EVH EVOLENT HEALTH INC. Buy above the $30.04 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
AMC AMC ENTERTAINMENT Target was Hit at $44 for an 18.7 % Gain. This trade was not logged.
RSX RUSSIA FUND EXIT if it is going to Close below Support of $31.72. This trade was not logged.
MY TRADING DASHBOARD
DAY TRADING SETUPS
NEW: TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Nov 2, 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.