Markets lost most of yesterday’s big gain today as the Selling continued on lower Volume. The Indices are back down on the lows, but the Big Tech and Semiconductors are holding up better today.
The weak Market might force the FED will only raise 1/2 point now, instead of 3/4 point. Currently FEAR is High, and that is when we like to Buy. We currently now have 5 out of 10 Swing Trade Positions and more Cash to Buy soon. Investments that hold near the Red Lines (50-day avgs.) usually pop up first.
New Subscribers: Many are nervous until May 5th FED Meeting. Several more Money Wave Buy Signals soon. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone (like Now!).
BUYS TODAY 4/29/2022
EWZ BRAZIL FUND Money Wave Buy today. Target is $38. EXIT if it is going to Close below $32.37.
BUYS TOMORROW – SWING TRADING STOCKS 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.
BRCC BRC INC. (BLACK RIFLE COFFEE) Wait for Money Wave Close > 20 with High Volume.
SBS COMPANHIA de SANEAMENTO (WATER) Buy above $9.32 with High Volume with a 5% Trailing Sell Stop Loss below it.
UEC URANIUM ENERGY CORP. Wait for Money Wave Close > 20 with High Volume.
GDX GOLD MINERS FUND Buy above $36.09 with High Volume with a 5% Trailing Sell Stop Loss below it.
XLU UTILITIES FUND 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.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines). KR KROGER CO.
SELLS TODAY
BTU PEABODY ENERGY EXIT if it is going to Close below Support of $23.14. This trade was not logged.
KR KROGER CO. Apr 29 LOWER the Sell Stop Loss below $53.00 until it Bottoms. KR is back down in the Green Zone.
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DAY TRADING SETUPS. Several Triple Buy Pops today: BBIG (+9%) HUSA (+8%) SQQQ (+10%) & TZA (+7%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today, and are Way Below the Green Line.
Crude Oil was down $0.77 today at $104.51. _________________________________________________________________________________________________________________
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Apr 2, 2022
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 Investment 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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– EWZ