Money Wave Alert! Mar 25, 2021

POST UPDATED: February 9, 2024

Table of Contents

SPX Chart
The S&P 500 Index is bouncing up off the Red Line (50-day avg.)

Markets were  higher today as Tech & Momentum Stocks firmed up on mild Buying. Many of the Leaders are about to have Money Wave Buy Signals soon. Try to Buy Investments that are still above the Red Lines (50-day avgs.) as they tend to bounce first.

The Stock Indices and many Leaders are back down to the Green Zones (probably too late to Sell for the Short Term). The WATCH LIST has become very large (so many we can’t list them all). A large Watch List probably means a rally is coming, but  WAIT for Green Zone Buy Signals. The better trades happen when the S&P 500 Index is also in the Green Zone. 

New additions today to DAY TRADING SETUPS

Bonds  were down slightly today, and are below the Green Line.

Crude Oil was down $1.94 again today at $58.70.

BUYS TODAY    3/25/2021   

GT      GOODYEAR TIRE       Money Wave Buy today. Target is $19.25. EXIT if it is going to Close below $15.72.

 

GME      GAMESTOP CORP.       Money Wave Buy today, but GME is already up 48 % today so it will not be logged. Target is $190.00.  

We will “Not Log” trades if the Reward/Risk is not at least 2:1.  These have more risk. 

JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)   

DDD      3D SYSTEMS CORP.      Buy above $27.90 with High Volume with a 5% Trailing Sell Stop Loss below it.  2nd Money Wave Buy soon.      

FUTU      FUTU HOLDINGS ADR

MRO      MARATHON OIL        Buy above $10.80 with High Volume with a 5% Trailing Sell Stop Loss below it.     

NIO       NIO INC.      2nd Money Wave Buy soon.     

TRIP      TRIPADVISORS INC.

XRT      RETAIL FUND

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WATCH LIST

WATCH LIST SCROLLING CHARTS (Real Time)     

CAN      CANAAN INC. ADR

CLR      CONTINENTAL RESOURCES        Buy above $26.75 with High Volume with a 5% Trailing Sell Stop Loss below it.   

FUTU      FUTU HOLDINGS ADR       

IWM      SMALL CAP FUND     

KRE      REGIONAL BANKING FUND 

    MACY’S INC.

RIG      TRANSOCEAN INC.

XME      METALS & MINING FUND      

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   

BIDU      BAIDU INC.      EXIT if it is going to Close below Support of $226.78. Will try to Buy again soon. This trade was not logged.

Please update 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
NEW:  TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM   
TOP 100 LIST Updated Mar 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.  These have more risk.   

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