SPY chart
Greed has now taken over with many Investors.
SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

Markets were higher again today with 9 days up on low Buying Volume.  Markets are now Way Above the Green Line which tells us that Markets no longer offer a good Reward / Risk ratio.

Remember, we like to Buy on Bad News (October) and take profits on Good News (soon). The Leaders and Indices are very extended for the short term, on FOMO Buying (Fear of Missing Out). Most of the Indices are back up in the Red  Zones (probably too late to Buy for the short term).  

Wait for more Buy Signals soon, 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   12/19/2023    NONE TODAY

BUYS TOMORROW               

DKNG      DRAFTKINGS INC.      Wait for Daily Money Wave Close > 20 with High Volume.

EDU      NEW ORIENTAL ED      Money Wave must Close in the Green Zone.     

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                        

BRZE      BRAZE INC.     Money Wave must Close in the Green Zone.            

SVIX      INVERSE GREED INDEX      Money Wave must Close in the Green Zone. 

TBT      INVERSE T-BOND FUND (2X)       Below the Green Line. AVOID for now. Buy above $34.56.       

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             

AFRM      AFFIRM HOLDINGS       Target was Hit at $50 for a 90.6 % Gain in the Long Term Portfolio.  This trade was not logged.     

SVIX      INVERSE GREED INDEX      EXIT if it is going to Close below the Pink Line around $36.33. The Target was already Hit at $30 for a 6.1 % Gain.

________________________________________________________________________

DAY TRADING SETUPS.  Today 1 trade for $10.00. Day Trading Alerts are now being sent out on our new Discord Site with Live Chatting. Please install Discord app on your pc or cell for mobile notifications. Also follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Big Movers today:  LABU (+7%) METC (+5%) & MARA (+11%). Try out the Side by Side layout.      

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were up today and are Above the Green Line.  

Crude Oil was up $1.42 today at $74.24.

MY TRADING DASHBOARD 
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated Dec 1, 2023

We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.       

Related Post

EDU

Money Wave Alert! Dec 18, 2023