MARKETS WILL BE CLOSED ON MONDAY FOR FEDERAL HOLIDAY.
Markets were lower today as mild profit taking came in on the Leaders. The S&P 500 & NASDAQ 100 Funds were able to make higher highs (not the other Indices). No Sellers, just all Buyers on FOMO (Fear of Missing Out).
The Leaders and Indices are currently over bought and up in the Red Zones (probably too late to Buy for the short term). Volume has been very low, so be patient and WAIT for Buy Signals..
Please be patient and wait for Buy Signals for ones that are still Above the Green Lines. SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.
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BUYS TODAY 6/16/2023 NONE TODAY
BUYS TOMORROW
HMY HARMONY GOLD MINING Buy above $4.80 with High Volume with a 3% Trailing Sell Stop below it..
CRVS CORVUS PHARMA. Wait for Money Wave Close > 20 with High Volume.
DKNG DRAFTKINGS INC. Wait for Money Wave Close > 20 with High Volume.
Shop for a better price earlier in the day with Triple Buy Signal, on the same day that a Daily Money Wave Buy Signal will occur.
BUYS SOON
ASRT ASSERTIO HOLDINGS Buy above $6.30 with High Volume with a 3% Trailing Sell Stop Loss below it.
MVIS MICROVISION INC. 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.
SELLS TODAY
AMD ADVANCED MICRO Slipped below the Buy Price and was Stopped Out even. The Target was already Hit for a 3.8 % Gain.
ARDX ARDELYX INC. EXIT if it is going to Close below the Pink Line around $3.87. This trade was not logged.
SNPS SYNOPSYS Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!) This trade was not logged.
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DAY TRADING SETUPS. We have a new Discord Site for Live Chatting. Follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Movers today: YPF (+7%) MARA (+6%) & LABD (+5%). Try out the Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today but are Below the Green Line.
Crude Oil was up $1.15 today at $71.30.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Jun 1, 2023
Many like to Buy the Swing Trades just before the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and up out of the Green Zone). Don’t Buy if the Security has already popped up too much. Money Wave Buy Signals 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.
HAVE A NICE WEEKEND!
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– DKNG