Markets were slightly higher again today as Emotional Investors have FOMO Syndrome (Fear Of Missing Out). Buying Investments 100% Above the Green Line has not worked out well, historically. They don’t know where the Green Line is (but you do!).
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 $1.70 today at $52.53.
BUYS TODAY 1/08/2021
APPS DIGITAL RIVER INC. Money Wave Buy today. APPS will not be logged as it the Volume is below average of 4 MIL.
FRSX FORESIGHT AUTO HOLDINGS Moved above $4.45 late yesterday for a Buy Signal. Volume was below average of 10 Mil, so this trade will not be logged.
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.)
NONE TODAY
____________________________________________________________________________________________________________
MGNI MAGNITE INC. Money Wave must Close in the Green Zone.
STNE STONECO LTD. Money Wave must Close in the Green Zone.
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).
____________________________________________________________________________________________________________
SELLS TODAY
TRIL TRILLIUM THERA. EXIT on the Close today or have a tight Sell Stop Loss below it to capture a 24 % Gain.
SLV SILVER FUND EXIT if it is going to Close below the Pink Line around $24.72. This trade was not logged.
SPWR SUNPOWER CORP. Target of $31 was Hit yesterday for an 8.7 % Gain. This trade was not logged.
SQ SQUARE INC. Target was Hit at $240 for an 10.5 % Gain. This trade was not logged.
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.
HAVE A SAFE WEEKEND!
Thank you. I had a great week. I am still fighting with my inner Tammy but at least I am aware of the problem now!
Great to hear. Tammy should be fully Invested soon, so you should be raising Cash if you are a Short Term Trader.