Markets were higher again today as many of the Leaders had Money Wave Buy Signals today. The S&P 500 and DOW 30 Indices are only 1 % off the Highs, so we are not Buying anything that has Volume below the 50-day average of Volume. Low Volume can mean a lack of Buyers, and caution.
Try to Buy only Investments that are still above the Red Lines (50-day avgs.) as they tend to bounce first.
Some Stock Indices and many Leaders are popping up out of the Green Zones, which normally means a rally is coming, But where are the Buyers? The better trades happen when the S&P 500 Index is also in th e Green Zone.
Poor action today on DAY TRADING SETUPS
Bonds were down today, and are below the Green Line.
Crude Oil was up $2.23 today at $60.79.
BUYS TODAY 3/26/2021
IWM SMALL CAP FUND Money Wave Buy today. Target is $232.00. EXIT if it is going to Close below $208.03.
KRE REGIONAL BANKING FUND Money Wave Buy today. Target is $72.00. EXIT if it is going to Close below $63.38.
MRO MARATHON OIL Buy above $10.80 today. Target is $13.00. EXIT if it is going to Close below $9.83.
M MACY’S INC. Money Wave Buy today. M will not be logged as the Volume is below average of 22.7 MIL so it has more risk.
TRIP TRIPADVISORS INC. Money Wave Buy today. TRIP will not be logged as it is already 15.7 % above Support, so it has more risk.
XME METALS & MINING FUND Money Wave Buy today. XME will not be logged as it is already 5 % so it has more risk.
XRT RETAIL FUND Money Wave Buy today. XRT will not be logged as the Volume is below average of 5 MIL so it has more risk.
We will “Not Log” trades if the Reward/Risk is not at least 2:1. These have more risk.
JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
CLR CONTINENTAL RESOURCES Buy above $26.75 with High Volume with a 5% Trailing Sell Stop Loss below it.
DDD 3D SYSTEMS CORP. Buy above $27.90 with High Volume with a 5% Trailing Sell Stop Loss below it. 2nd Money Wave Buy soon.
FUTU FUTU HOLDINGS ADR Buy above the $119.42 with High Volume with a 5% Trailing Sell Stop Loss below it.
RIG TRANSOCEAN INC. Buy above $3.58 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
NIO NIO INC. 2nd Money Wave Buy soon.
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
GME GAMESTOP CORP. Target was Hit at $190.00 for a 7.6 % Gain. This trade was not logged.
Please update your Sell Stops.
Click for CURRENT POSITION 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 Mar 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. These have more risk.
