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TOP PICK of the WEEK: Archer Aviation $ACHR was kept from last week. It is a better Buy now if you don’t own any. We will Sell ACHR on the Close Friday.
June 02, 2025 Nasdaq showed more weakness today, The overall market lacked strength, leading to a downward move. SPY once again retraced to the green line on the daily chart, struggling to hold higher levels. Tech stocks remained under pressure, contributing to the market’s sluggish performance. Meanwhile, gold miners performed strongly, benefiting from the risk-off sentiment. The overall trend reflected cautious trading with no significant bullish momentum.
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.
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BUYS TODAY 6/02/2025
HMY Harmony Gold. Swing Trade Buy on the Close, but it is already up 5.5 % today (2 Star trade).
TIGR UP FinTech Holding. Swing Trade Buy on the Close today, but the Volume is not high (2 Star trade).
XPEV XPeng Inc, Swing Trade Buy on the Close, but the Volume is not high (2 Star trade).
BUYS SOON
IBIT Bit-Coin Fund Wait for next Daily Money Wave Close > 20 with High Volume.
KULR KULR Technology Group Inc Wait for next Daily Money Wave Close > 20 with High Volume.
RIVN Rivian Automotive 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
GDX Gold Miners Fund Target was Hit at $51.72 with an 11.7 % Gain.
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DAY TRADING SETUPS. Today we had 12 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: BOIL +17% GDX +6% & UAMY +11%
Bonds were up today and are Below the Green Line.
Crude Oil was up $2.11 today at $62.89.
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SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
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– KULR