Markets bounced up today, as the DOW 30 Index and the S&P 500 have finally corrected down to their Red Lines (50-day avgs.) Now Investors are a little scared (FEAR), which is when we like to Buy soon. The DOW 30 is the strongest Index, and the NASDAQ 100 is the weakest.
NEW SUBSCRIBERS: Please WAIT for Money Wave Buy Signals (below) with High Volume. The Watch List has grown as many Momentum have pulled back down into the Green Zones for Money Wave Buy Signals soon. The better trades happen when the S&P 500 Index is also in the Green Zone (very soon).
More new adds today to DAY TRADING SETUPS
Bonds were up slightly again today, but are below the Green Line.
Crude Oil was down $2.40 today at $63.68.
BUYS TODAY 5/13/2021
STKL SUN OPTA INC. Bought today above $11.86. Target is $15.00. EXIT if it is going to Close back below the Pink Line.
AMAT APPLIED MATERIALS Money Wave Buy today. AMAT will not be bought or logged as it is already up 5 % today. Maybe soon around $117.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
_______________________________________________________________________________________________________
JUMP START SCROLLING CHARTS: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
BTX BROOKLYN IMMUNO Wait for Money Wave Close > 20 with High Volume.
CLNE CLEAN ENERGY FUELS Wait for Money Wave Close > 20 with High Volume.
VUZI VUZIX CORP. Buy above $17.41 with High Volume with a 5% Trailing Sell Stop Loss below it.
____________________________________________________________________________________________________________
WATCH LIST SCROLLING CHARTS (Real Time)
RIOT RIOT BLOCKCHAIN Wait for Money Wave Close > 20 with High Volume.
TRIP TRIPADVISOR INC. Buy above $47.81 with High Volume with a 5% Trailing Sell Stop Loss below it.
ZKIN ZK INT’L. GROUP Buy above $5.59 with High Volume with a 5% Trailing Sell Stop Loss below it. (2n).d Buy Signal soon
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
MVIS MICROVISION INC. EXIT if it is going to Close below Support of $12.76. The trade was not logged.
NIO NIO INC. LOWER the Sell Stop Loss below today’s Low of $30.71 until it bottoms.
XLE ENERGY FUND EXIT if it is going to Close below the Pink Line around $52.80. The Target has already been Hit.
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 May 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.