Markets were mixed today on more low Volume trading. The S&P 500 and the DOW 30 Indices need to exceed last week’s highs for this rally since the March lows to continue. Falling below the Pink Line (10-day avgs.) would normally cause short term Sell Signals.
The Markets and Leaders are extended for the short term, but the Semiconductors (SMH) are coming down for Buy Signals soon (after making higher highs recently).
Please be patient and wait for Buy Signals for 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 4/18/2023
YEXT YEXT INC. Moved above $8.49 today, but the Volume was not High. AVOID.
BUYS TOMORROW
IFRX INFLARX NV Buy above $4.80 with High Volume with a 3% Trailing Sell Stop Loss below it.
KC KINGSOFT CLOUD HOLDINGS 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
PYXS PYXIS ONCOLOGY Buy above $4.22 with High Volume with a 3% Trailing Sell Stop Loss below it.
SMH SEMICONDUCTOR FUND Money Wave must Close in the Green Zone.
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
HIMS HIMS & HERS HEALTH Target was Hit at $10.75 for a 19.3 % Gain.
ETNB 89BIO INC. Target Hit at $17.75 for a 14.2 % Gain. This trade was not logged. _ ________________________________________________________________________
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: BOIL (+6%) AI (+5) & RIOT (+8%). Try out the Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today and are Below the Green Line.
Crude Oil was up $0.31 today at $81.32.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
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ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Apr 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.
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