Markets were mixed again today as the Indices are holding up above the Pink Lines (10-day avgs.) to avoid short term Sell Signals. 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.
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.
BUYS TODAY 4/19/2023 NONE TODAY
GDX GOLD MINERS FUND Wait for Money Wave Close > 20 with High Volume.
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.
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.
RIG TRANSOCEAN INC. EXIT if it is going to Close below Support of $6.31. This trade was not logged.
NVDA NVIDIA CORP. Target Hit at $278 for a 3 % 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: KOLD (+10%) LABU (+5%) & IFRX (+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 down $1.56 today at $79.21.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
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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