Markets were lower today as the long term Bonds went below the March lows (higher Interest Rates). The FED announced a Plan to shrink their Balance Sheet by selling $95 Billion of Bonds monthly. So is the FED just testing the Market’s strength with talk, or do they want to cause a Slow Down?
The strongest Leaders fell below the Pink Lines (10-day avgs.) to create Short Term Sell Signals, but now it looks like the S&P 500 Index should be able to Bounce up off the Red Line (50-day avg.). The Markets had been resisting going down after the big 2 week rally off of the lows.
New Subscribers: Now some of the strongest Stocks have come down to the Green Zones 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. (see Chart above).
BUYS TODAY 4/6/2022
EUM INVERSE EMERGING MARKETS FUND Closing above the Pink Line today, but EUM will not be Bought or logged as the Volume is below 150,000 shares today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS TOMORROW – JUMP START STOCKS Shop for a better price earlier in the day. Only use Jump Start on the same day that a Daily Money Wave Buy Signal will occur.
AGRI AGRIFORCE GROWING Buy above $3.60 with High Volume with a 5% Trailing Sell Stop Loss below it.
BRK/B BERKSHIRE HATHAWAY Wait for Money Wave Close > 20 with High Volume.
BBBY BED BATH & BEYOND Wait for Money Wave Close > 20 with High Volume.
DE DEERE & CO. Money Wave must Close in the Green Zone.
GFI GOLD FIELDS LTD. Wait for Money Wave Close > 20 with High Volume.
NVDA NVIDIA CORP. Wait for Money Wave Close > 20 with High Volume.
ZIM ZIM INTEGRATED SHIPPING 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).
SELLS TODAY
MAR MARRIOTT INT’L. INC. EXIT if it is going to Close below the Pink Line around $173.41. The Target was already Hit at $174 for a 9.3 % Gain.
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DAY TRADING SETUPS. Several Triple Buy Pops today: AGRI (+6%) SARK (+6.5%) TZA (+4%) & SQQQ (+8%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down again today, and are Below the Green Line.
Crude Oil was down $4.77 today at $97.18. _________________________________________________________________________________________________________________
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.
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– EUM