Markets were mixed again today after dumping out in the morning. The Dow 30, S&P 500 and Small Caps Indices are now back at or above the Green Lines, but over-bought for the short term. We are waiting for the Leaders to return to the Green Zones for more Buy Signals.
The US Dollar and long term Interest Rates are still correcting back down towards the Green Lines causing Stocks to rally. The US Dollar Fund (UUP) and Inverse T-Bond Fund (TBT) are back down in the Green Zones for Buy Signals soon. Maybe RAISE some Cash on your Stocks.
Please be patient and wait for Buy Signals for that are still Above the Green Lines. BUYS SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.
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BUYS TODAY 12/2/2022
ARDX ARDELYX INC. Moved above $1.80 today, but the Volume was not High, and it is already up 6%. AVOID,
ARRY ARRAY TECH Money Wave Buy today, but ARRY will not be Bought or Logged as it is already up 9 % today. Maybe you got some earlier in the day with Triple Buy Signal,
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS TOMORROW
TSLQ INVERSE TESLA FUND 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.
BUYS SOON
MPC MARATHON PETROLEUM Wait for Money Wave Close > 20 with High Volume.
PSQ INVERSE NASDAQ 100 FUND Wait for Money Wave Close > 20 with High Volume.
TBT INVERSE T-BOND FUND Buy above the Pink Line around $31.51 with High Volume with a 5% Trailing Sell Stop Loss below it.
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
SELLS TODAY NONE TODAY
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DAY TRADING SETUPS. A few Triple Buy Pops today: ARRY (+9%) MARA (+11%) & LABU (+8%) . ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up again today but are Way Below the Green Line.
Crude Oil was down $0.96 today at $80.24.
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 Nov 1, 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 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.
HAVE A NICE WEEKEND!
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