Markets were higher again today as Investors are hoping that our Government will now spend massive amounts of Money that we do not have. Conservative Money (Bonds) doesn’t like it and have broken Support and are Below the Green Line (Higher Interest Rates coming).
More stampede Buying as Solar, Clean Energy, Steel and Copper stocks squirted much higher again. Emotions could be near a climax (Tammy gets totally Invested). The Leaders are all back up in the Red Zones, so nimble Investors should be raising CASH soon.
New Subscribers: This is no longer a normal Market. Valuations on some companies are historically high, because Interest Rates are so Low. But Bonds are down again today and are now Below the Green Line. That means Long Term Interest Rates are going up. Markets will eventually come back down to the Green Zones for Money Wave Buys, so now we must be patient and wait for them to come back down. The better trades happen when the S&P 500 Index is also in the Green Zone.
DAY TRADING SETUPS We are sending out Day Trade Alerts with Twitter only at this time. (@AboveGreenLine)
Bonds were down again today, below Support.
Crude Oil was up $0.33 today at $50.96.
BUYS TODAY 1/07/2021
FUBO FUBOTV INC. Money Wave Buy today. Target is $40.00. EXIT if it is going to Close below $23.17.
GME GAMESTOP INC. Money Wave Buy today. GME will not be logged as it the Volume is below average of 9.3 MIL.
MVIS MICROVISION INC. Money Wave Buy today. MVIS will not be logged as it is already up 12% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
FRSX FORESIGHT AUTO HOLDINGS Buy above $4.45 on High Volume with a 5% Trailing Sell Stop Loss.
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NONE TODAY
Money Wave Buys Signals Soon (3 Days-3 Weeks Short Term): (Best to Buy the.se when the S&P 500 is also in the Green Zone.)
These Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.
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
OPEN OPEN TECH EXIT on the Close today or have a tight Sell Stop Loss below it to capture a 15.5 % Gain.
Click for CURRENT POSITIONS and adjust 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
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Jan 4, 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.
I’m new and I’m so happy I found your site. E
Thanks for writing, George!