Markets were lower today as the Big Tech Stocks were under selling pressure. Semiconductors were down close to 3 %, but the Selling Volume was not high. The S&P 500 Index is about half way down to the Green Line, and could be about finished with an A-B-C Correction. Then the S&P 500 could go back up to re-test the Highs.
Try to only Buy new money investments that held above the Red Lines, as they tend to bounce first.
New Investors: Please realize that the Markets have Doubled since March 2020 Covid Lows. Smart Money is hesitant to Buy up near the Highs, as eventually the Indices will return back down to the Green Lines (on some Bad News). Maybe look into DAY TRADING SETUPS. The better trades happen when the S&P 500 Index is in the Green Zone.
Triple Buys today for BTU (+14) & UUUU (+7%). Soon for AFRM AMC CEI CRVS GSAT IRNT MMAT MRIN & OPAD in DAY TRADING SETUPS.
Bonds were up today, but are back Below the Green Line.
Crude Oil was up $1.70 today at $77.58, a New High.
BUYS TODAY 10/4/2021 NONE TODAY
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JUMP START SCROLLING CHARTS: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
ANY SPHERE 3D CORP. Wait for Money Wave Close > 20 with High Volume.
DKS DICKS SPORTING GOODS Wait for Money Wave Close > 20 with High Volume.
LIFE ATRY PHARMA INC. Wait for Money Wave Close > 20 with High Volume.
NVDA NVIDIA CORP. Wait for Money Wave Close > 20 with High Volume.
SNAP SNAP INC. Wait for Money Wave Close > 20 with High Volume.
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WATCH LIST SCROLLING CHARTS (Real Time)
AMC AMC ENTERTAINMENT Buy above the Pink Line around $38.40 with High Volume with a 5% Trailing Sell Stop Loss below it.
MRNA MODERNA INC. Wait for Money Wave Close > 20 with High Volume.
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
BTU PEABODY ENERGY Target Hit at $17 for a 20.5 % Gain. This trade was not logged.
URA URANIUM FUND Slipped below the Buy Price today of $24.36 and was Stopped Out. This trade was not logged.
ZS ZSCALER INC. EXIT if it is going to Close below Support of $256.01. This trade was not logged.
Click for CURRENT POSITION SCROLLING 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
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.