Markets were mixed again today as the Indices are over-bought for the Short Term. Tech Stocks and the NASDAQ 100 were able to make New Highs, but the weaker DOW 30 Index and the Small Caps were both down and have not been able to return back up to New Highs.
Many of the Leaders are quickly back up in the Red Zones (probably too late to Buy for the Short Term). Please WAIT for more Green Zone Buys soon. Smart Money is not Buying much up here on the Highs (low Volume).
NEW SUBSCRIBERS: 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.
More DAY TRADING SETUPS
Bonds were mixed today, and are below the Green Line.
Crude Oil was up $0.52 today at $73.43.
BUYS TODAY 6/29/2021 NONE TODAY
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JUMP START SCROLLING CHARTS: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
BB BLACKBERRY LTD. Buy above the Pink Line around $12.85 with High Volume with a 5% Trailing Sell Stop Loss below it.
CVE CENOVUS ENERGY INC. Wait for Money Wave Close > 20 with High Volume.
UONE URBAN ONE INC. Buy above $10.77 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
GBR NEW CONCEPT ENERGY Wait for Money Wave Close > 20 with High Volume.
MMAT META MATERIALS INC. 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).
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SELLS TODAY
NIO NIO INC. Target was Hit at $50 for a 33.1 % Gain (Long Term Portfolio). Also Close out the Short Term trade, or Stop below the Pink Line.
TELL TELLURAIN INC. EXIT if it is going to Close below your Buy Price, or $4.25. This trade was not logged.
Click for CURRENT POSITION CHARTS – Real Time (Please check and adjust your Sell Stops). BCRX BIOCRYST PHARMA
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 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.
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– BB
