Markets were mostly higher today as many investors are not wanting to Sell with the massive FED Printing going on at least thru September. But Buying is weak up at the Highs. The S&P 500 and NASDAQ 100 Indices were able to make more New Highs today, keeping most of the Leaders back up in the Red Zones (probably too late to Buy for the Short Term). The DOW 30 Index and the Small Caps are still lagging as only the very Largest Stocks are pulling the Indices higher.
New Investors: Please WAIT for the Leaders to return to the Green Zones for more Money Wave Buy Signals. Lately the Buy Signal pop ups have not been very good, because the Markets are near Highs, and have not pulled back enough to create many good over-sold entries. The better trades happen when the S&P 500 Index is also in the Green Zone (now in the Red Zone).
More Triple Buy Signals today on MRNA (+5%) and ROKU (+5%) in DAY TRADING SETUPS.
Bonds were mixed today, and are Above the Green Line.
Crude Oil was down $0.04 today at $68.46.
BUYS TODAY 9/1/2021
MRNA MODERNA INC. Money Wave Buy today, but MRNA will not be bought or logged as it is already up 4.5 % today. Maybe you got some on the Jump Start this morning.
LLY ELI LILLY CO. Never had a Money Wave Buy yesterday, and now the Relative Strength is Below 80 required for Large Caps. LLY will not be bought or logged. Avoid.
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.)
ATOS ATOSSA GENETICS INC. Buy above $3.86 with High Volume with a 5% Trailing Sell Stop Loss below it.
BNTX BIO N TECH SE Wait for Money Wave Close > 20 with High Volume.
PFE PFIZER INC. Wait for Money Wave Close > 20 with High Volume.
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WATCH LIST SCROLLING CHARTS (Real Time)
CHS CHICOS FAS INC. Wait for Money Wave Close > 20 with High Volume.
NEGG NEWEGG COMMERCE INC. Buy above $21.22 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
LIT LITHIUM FUND EXIT if it is going to Close below the Pink Line around $84.15. The Target was Hit at $86 for a 5.3% Gain.
XLF FINANCIAL FUND EXIT if it is going to Close below the Pink Line around $38.26. The Target was Hit at $38.50 for a 3.5 % 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 Sep 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.
