SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch List Watch List Charts
Current Positions Current Charts
Closed Results Trading Dashboard
8/08/2024 Stocks climbed Thursday after new labor market data boosted investors’ confidence in the U.S. economy following a sharp market sell-off earlier in the week. The latest weekly jobless claims came in below forecasts, helping to allay some recent concerns on the strength of the labor market. First-time filings for jobless benefits came in at 233,000 last week, down 17,000 from the previous week and lower than the Dow Jones estimate for 240,000, the Labor Department reported Thursday.
We have lowered Sell Stops now, and not Selling anything on this Emotional FEAR Flush. The HERD gets scared by the Media and has already forgotten that the FED promised to Cut Rates next month.
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. ______________________________________________________________________________
BUYS TODAY 8/08/2024
EXK ENDEAVOUR SILVER CORP. Swing trade buy but the volume is not high (2-star trade).
LC LENDING CLUB CORP. Swing trade buy but the volume is not high (2-star trade).
ITB HOME CONSTRUCTION ETF Swing trade buy but the volume is not high (2-star trade).
BUYS TOMORROW
GLD SPDR GOLD SHARES Wait for daily money wave to close > 20 with high volume.
IAU ISHARES GOLD TRUST Wait for daily money wave to 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
HIMS HIMS & HERS HEALTH INC. Wait for daily money wave to 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.
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
None Today
_______________________________________________________________________
DAY TRADING SETUPS. Today 7 trades for $715 at our Trading Room. Day Trading Alerts are now being sent out on our Discord Site with Live Chatting. Please install Discord app on your PC or cell for mobile notifications.
Or look for Triple Buy Pops (3 Green Circles). Big Movers today: SOXL +18%, IREN +13%, CLSK +11%.
NEW! BANANA HUNT TRADING CHARTS.
Bonds were down today and are Above the Green Line.
Crude Oil was up $0.98 today at $76.21.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
STAGE CHART INVESTING
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Aug 1, 2024
Important Links
Top 100 Stage Chart Investing CNN Fear & Greed Index
Dividend Growth Portfolio ETF Sector Portfolio Dogs of the Dow
Long Term Strategy Stage Chart Investing Articles
* Safer Trades that meet ALL three criteria will be classified as 3 STAR, while trades that only meet two of the three criteria will be flagged as 2 STAR (more risk).
Related Post
– LC