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April 9, 2025. Markets surged higher on Good News about Tariffs. At today’s market open, the Nasdaq experienced a brief dip, completing a ‘W’ pattern, similar to the SPY’s recent formation. Then the Markets shot up like a rocket!
This suggests a potential move toward the fair value, referred to as the Banana Line above. FEAR has quickly faded. Gold and gold miners are currently exhibiting robust performance, with gold prices rising over 3% and mining stocks climbing accordingly.
Wait for more Buy Signals coming up out of the Green Zones. CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone. ______________________________________________________________________________
BUYS TODAY 4/9/2025
GILD GILIAD SCIENCES Swing Trade Buy on the Close today, and the Volume was good (3 Star trade).
IAU iShares Gold Trust. Swing Trade Buy on the Close today, but it is already up 4 % today (2 Star trade).
LYG LLOYD’S GROUP Swing Trade Buy on the Close today, but it is already up 8 % today (2 Star trade).
BUYS SOON
EXC EXELON CORP Wait for next Daily Money Wave Close > 20 with High Volume.
CME CME GROUP INC Wait for next Daily Money Wave Close > 20 with High Volume.
PLTR Palantir Technologies Inc. Money Wave must Close in the Green Zone.
LX LexinFintech Holdings Ltd. Money Wave must Close in the Green Zone.
NGD New Gold Inc. Wait for next Daily Money Wave Close > 20 with High Volume.
Shop for a better price earlier in the day with Green Candle Buy Signal, on the same day that a Daily Money Wave Buy Signal will occur.
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.
SELLS TODAY NONE TODAY
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DAY TRADING SETUPS. Today we had 15 scalp trades for nice Gains at our Trading Room. In this Emotional Market now, Day Trading Alerts are not being sent out on our Discord Site with Live Chatting. Please install Discord app on your PC or cell for mobile notifications. Check out our Live Stream.
Or look for Green Candle Buy Pops (Red Candle turns Green). Big Movers today: FNGA + 38% SOXL +52% TSLL +43%
Bonds were down today and are Below the Green Line.
Crude Oil was up $3.09 today at $62.65.
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