Money Wave Alert! Apr 5, 2021

POST UPDATED: February 9, 2024

Table of Contents

QQQ Chart
The NASDAQ 100 Fund Gapped Up today on Low Volume.

Markets were higher again today as the S&P 500 and DOW 30 Indices continued up to make all time Highs again. The Small Caps and NASDAQ 100 Funds are struggling to catch up. Most of the Leaders are quickly back up in the Red Zones (probably too late to Buy for the Short Term).

Tech Stocks recovered  more today, but very few are back up to the Highs. The WATCH LIST has become small again. The better trades happen when the S&P 500 Index is also in the Green Zone. 

Bonds  were up today, but are below the Green Line.

Crude Oil was down $2.74 today at $58.74.

BUYS TODAY    4/5/2021       

ZKIN      ZK INT’L. GROUP      Money Wave Buy today but the Volume was below average of 5.5 MIL, so ZKIN it will not be bought or logged.

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.)      

BNGO      BIONANO GENOMICS      Buy above $8.43 with High Volume with a 5% Trailing Sell Stop Loss below it.

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WATCH LIST

WATCH LIST SCROLLING CHARTS (Real Time)       

DDD      3D SYSTEMS CORP.      Buy above $29.00 with High Volume with a 5% Trailing Sell Stop Loss below it. 

EYES      SECOND SIGHT MEDICAL      Buy above the Pink Line of $89.03 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   

CAN      CANAAN INC.      EXIT below your Buy Price, or $21.26. This trade was not logged.     

GME      GAMESTOP CORP.      EXIT below your Buy Price, or $183.75. The Target was already Hit for a 7.6 % Gain.     

OXY      OCCIDENTAL PETE      EXIT if it is going to Close below Support of $$26.52. This trade was not logged.

XME      METALS & MINING FUND      Target was Hit at $41 for a 2.9 % Gain. 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.   

Related Post

Money Wave Alert! Apr 1, 2021

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