Money Wave Alert! Nov 30, 2021

POST UPDATED: February 9, 2024

Table of Contents

SPX Chart
The S&P 500 Index is finally back down in the Green Zone.

Markets were lower today as the Indices are re-testing Friday’s Lows. The S&P 500 and NASDAQ 100 Indices need to hold here at the Red Lines (50-day avgs.) for the Markets to maintain upward momentum. The weaker DOW 30, NYSE & Small Cap Indices are below the Red Lines and now the Red Lines are Resistance. We need to see more stocks making New Highs for the rally to continue.

New Investors:  The Buying Volume on many of the Buy Signals recently has been weak so we are not Buying much. Please be patient and WAIT for Money Wave Buy Signals. The better trades happen when the S&P 500 Index is also in the Green Zone (finally back down to Green Zone).  

Several Day Trading Pops today: BKKT (+13%) GTEC (+5%) MARA (+4%) RIOT (+5%) RBLX (+5%). Soon for AMC BGFV HIVE HUT LCID M OCGN RIVN & TSLA in DAY TRADING SETUPS.  Try out the New Side by Side layout.   

NEW! DAY TRADING FOR INDICES & LARGE CAPS.

Bonds  were higher today, and are Above the Green Line.

Crude Oil was down $3.19 today at $66.76.

BUYS TODAY    11/30/2021    NONE TODAY

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JUMP START STOCKS  Shop for a better price earlier in the day. Only use Jump Start on the same day that a Daily Money Wave Buy Signal will occur.

BKKT      BAKKT HOLDINGS INC.      Wait for Money Wave Close > 20 with High Volume.         

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SWING TRADING WATCH LIST (Click here)       WATCH LIST SCROLLING CHARTS

ITB      HOME BUILDING FUND      Wait for Money Wave Close > 20 with High Volume. 

LC      LENDING CLUB CORP.      Buy above $36.98 with High Volume with a 5% Trailing Sell Stop Loss below it. 

M      MACY’S INC.      Wait for Money Wave Close > 20 with High Volume.   

UPST      UPSTART HOLDINGS    Wait to try to Buy soon around $198. (2nd Buy Signal soon). 

XLY      CONSUMER  DISCRETIONARY FUND      Wait for Money Wave Close > 20 with High Volume.       UEC      URANIUM ENERGY CORP.

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     

HIVE      HIVE BLOCKCHAIN      LOWER the Sell Stop Loss $0.11, below todays Low of $3.56.

UEC      URANIUM ENERGY CORP.      EXIT if it is going to Close below $3.88. Maybe we can Buy it again soon.     

MY TRADING DASHBOARD
DAY TRADING SETUPS
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.   

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