Markets were slightly higher again today as the S&P 500 and DOW 30 Indices were able to stay above the September Highs. Earnings are coming out, with some stocks popping to the upside. The NASDAQ 100 and Small Caps are still lagging, and the Volume is Low. The Market seems to be waiting on a huge Gov’t. Spending Bill at the end of this month.
The Indices must continue to make Higher Highs for the rally that began in March 2020 to continue. Many of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Volume is very Low because Smart Money is not Buying at the Highs (we bought 2 weeks ago).
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.
Not many Triple Buys today: OCGN (+39%) BTU & BTBT. Should be some nice Triple Buys soon for ADMP AMC ANY CEI DATS DWAC GSAT HX & PHUN DAY TRADING SETUPS.
Bonds were up today, but are Below the Green Line..
Crude Oil was up $0.78 today at $84.54.
BUYS TODAY 10/26/2021
UPST UPSTART HOLDINGS INC. Money Wave Buy today. Target is $385. EXIT if it is going to Close below the Red Line of $291.12.
INDA INDIA FUND Money Wave Buy today but INDA will not be Bought or logged as the Volume is below average of 3 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).
AA ALCOA CORP. Wait for Money Wave Close > 20 with High Volume.
BTU PEABODY ENERGY Wait for Money Wave Close > 20 with High Volume.
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WATCH LIST SCROLLING CHARTS (Real Time)
AMC AMC ENTERTAINMENT Wait for Money Wave Close > 20 with High Volume.
EVH EVOLENT HEALTH INC. Buy above the $30.04 with High Volume with a 5% Trailing Sell Stop Loss below it.
LPTX LEAP THERA. Buy above the Pink Line around $3.03 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
CLF CLEVELAND-CLIFFS INC. Target was Hit at $25.50 today for a 15.6 % Gain in the Long Term Portfolio.
NEW: 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 Oct 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, or Low Volume. These have more risk.
