Money Wave Alert! Oct 28, 2021

POST UPDATED: February 9, 2024

Table of Contents

FB Chart
FaceBook (FB) hopes that changing its name will help it bounce up off the Green Line.

Markets were higher today as Investors have learned that the Gov’t. Spending package might be reduced in half to $1.75 Trillion. The Market seems to be waiting on the Spending Bill vote, possibly tomorrow. AAPL & AMZN Earnings will be out today after the Close. Many of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term).

The Indices must make Higher Highs soon for the rally that began in March 2020 to continue. Volume has been Low, as disciplined Investors don’t normally Buy when the Indices are Way Above the Green Lines.

New Investors:  Leaders are back up in the Red Zones. Please WAIT for the Leaders to correct back down into the Green Zones for more Money Wave Buys. It does not take that long. The better trades happen when the S&P 500 Index is in the Green Zone.  

Several Triple Buys today: BBIG (+7%) BTBT (+7%) DATS (+20) DWAC (+15%) GSAT (+6%) & OCGN (+10%). Soon for ADMP AMC ANY  BTU CEI HX MARK & PHUN in DAY TRADING SETUPS. 

Bonds  were mixed today, and are Below the Green Line..

Crude Oil was up $0.02 today at $82.68.

BUYS TODAY    10/28/2021     NONE TODAY       

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JUMP START SCROLLING CHARTS: (Buy with High Volume).   

AMC      AMC ENTERTAINMENT      Wait for Money Wave Close > 20 with High Volume.      

BTU      PEABODY ENERGY      Wait for Money Wave Close > 20 with High Volume.   

LPTX      LEAP THERA.   Buy above the Pink Line around $2.93 with High Volume with a 5% Trailing Sell Stop Loss below it. 

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WATCH LIST (Click here)       

WATCH LIST SCROLLING CHARTS (Real Time)

AA      ALCOA CORP.      Wait for Money Wave Close > 20 with High Volume. 

ANY      SPHERE 3D CORP.      Wait for Money Wave Close > 20 with High Volume.   

EVH      EVOLENT HEALTH INC.        Buy above the $30.04 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             

INDA      INDIA FUND       EXIT if it is going to Close below Support of $49.15.  This trade was not logged.

NEW:       MY TRADING DASHBOARD
DAY TRADING SETUPS
NEW:  TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated Oct 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.   

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Money Wave Alert! Oct 27, 2021

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