Markets were slightly higher again today as the S&P 500 and NASDAQ 100 Indices were able to make more New Highs. The DOW 30 Index and the Small Caps are lagging. Volume is low on most, so we are not wanting to Buy much at the Highs. Low Volume normally means that Smart Money is not Buying. The Semiconductor Stocks and Crude Oil were higher.
New Investors: Most of the Leading Investments are already back up in the Red Zones and you can see from the CURRENT POSITIONS that the pop ups were not very good. This is 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).
A Triple Buy Signal created a pop up this morning on VRPX (+20%) in DAY TRADING SETUPS.
Bonds were down today, and are Above the Green Line.
Crude Oil was up $0.91 today at $68.45.
BUYS TODAY 8/25/2021
MMAT META MATERIALS INC. Tried to hold Above the Green Line of $3.73, but the Volume was not there. MMAT will not be bought or logged.
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 $11.63 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
LLY ELI LILLY CO. Wait for Money Wave Close > 20 with High Volume.
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
BB BLACKBERRY LTD. Slipped below the Buy Price of $10.94 today and was Stopped Out. This trade was not logged
XLF FINANCIAL FUND Target Hit at $38.50 for a 3.5 % Gain. This trade was not logged.
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.
