Markets were lower again today as Investor FEAR is starting to increase from expected negative News from the Main Stream Media. The DOW 30 and S&P 500 Indices were very over-bought and were up in the Red Zones (probably too late to Buy for the Short Term). But after today’s decline, several Leading Investments are slowly returning to the Green Zones for Money Wave Buy Signals.
New Investors: Please be patient and WAIT for a Market pull back. It will happen. Currently the Markets are so extended that the Money Wave Buy Signals are not popping up much. The Low Volume tells us that Smart Money is not participating up here on the Highs. The better trades happen when the S&P 500 Index is also in the Green Zone.
Some nice pops today SGOC (+64%), SNMP (+12%) & MRIN (+14%) on DAY TRADING SETUPS.
Bonds were up slightly today, and are Above the Green Line.
Crude Oil was down $1.52 today at $65.07.
BUYS TODAY 8/18/2021
CHS CHICO FAS INC. Money Wave Buy today but CHS will not be bought or logged as it is already up 4.6 % today.
MRIN MARIN SOFTWARE Traded above the Pink Line after popping up 14% this morning, but the Volume was not High. So MRIN will not be bought or logged as the Volume was below average of 32.5 MIL.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
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JUMP START SCROLLING CHARTS: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
NURO NEUROMETRIX INC. Buy above the Pink Line around $13.36 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
BTBT BIT DIGITAL INC. Wait for Money Wave to Close > 20 with High Volume.
KKR KKR & CO. INC. Wait for Money Wave to Close > 20 with High Volume. (2nd Buy Signal soon).
LEDS SEMILEDS CORP. Buy above the Pink Line around $8.19 with High Volume with a 5% Trailing Sell Stop Loss below it.
LIT LITHIUM FUND Wait for Money Wave to Close > 20 with High Volume.
MMAT META MATERIALS INC. Buy above the Green Line of $3.75 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
AMD ADVANCED MICRO. LOWER the Sell Stop Loss below the Red Line of $96.55 until it bottoms.
ORCL ORACLE CORP. The Target was Hit yesterday at $91 for a 3.9% Gain. EXIT today if it is going to Close below the Pink Line around $89.96.
XME METALS & MINING FUND EXIT if it is going to Close below your Buy Price or $43.50. The Target was already Hit for a 5.7% Gain.
Click for CURRENT POSITION SCROLLING 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 Aug 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.