The Tech Fund is way up as the Rally has narrowed down to mainly the very largest companies.
Markets were higher again today on low pre-holiday Volume. The Indices are stretched Way Above the Green Lines, now that the FEAR is gone. Much of the Buying in in the very largest companies which become a large portion of the Indices. This tends to mask the internal weakness of the broad Market. Just look at some of the DAY TRADING SETUPS and notice how much some of these are off the recent Highs.
The weaker DOW 30 Index and the Small Caps need to make New Highs soon for this rally to continue.
NEW SUBSCRIBERS: Markets are Way Above the Green Lines. That is when new investors LOSE Money. Please WAIT for the Volume to improve. The low Volume recently has WARNED us against Buying much at this time. The better trades happen when the S&P 500 Index is also in the Green Zone.
Some new adds today onDAY TRADING SETUPS
Bonds were up today, but are below the Green Line.
Crude Oil was up $0.15 today at $75.38, a New High.
ATOS ATOSSA GENETICS INC. Wait for Money Wave Close > 20 with High Volume.
MVIS MICROVISION INC. Wait for Money Wave Close > 20 with High Volume.
SPCE VIRGIN GALATIC HOLDINGS Wait for Money Wave Close > 20 with High Volume.
UAVS AGEAGLE AERIAL SYSTEMS Buy above $6.70 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).
GBR NEW CONCEPT ENERGY EXIT below your Buy Price (Don’t Take a Loss!) Target was Hit at $7.00 for a 14.7 % Gain. This trade was not logged.
Click for CURRENT POSITION CHARTS – Real Time (Please check and adjust your Sell Stops). Click for CLOSED POSITIONS, NEW: MY TRADING DASHBOARDDAY TRADING SETUPS NEW: TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE? ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Jun 2, 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.
