MARKETS WILL BE CLOSED ON MONDAY JAN 1 FOR NEW YEARS HOLIDAY.
Markets were lower today on mild Tax Loss Selling from a down Market this year.
End of Tax Selling BOTTOM FISHERS for next week (up or out, if they don’t bounce on next Tuesday or Wednesday, Dump them): AMC ARKK BBBY BOIL F LCID MARA PLTR RBLX TARK TSLA TSLL.
Eventually the high Interest Rates will cause Inflation to slow down, and the FED should stop tightening.
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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ETF SECTOR ROTATION SYSTEM The 4th quarter is ending and the System will Sell the 5 current positions SPY QQQ XLU XLE & SLV on the Close today.
These will be replaced on the Close Tuesday with XLU Utilities Fund, XLE Energy Fund, XLF Financial Fund, XLV Health Care Fund, and SLV Silver Fund. (Or you can swap SPY and QQQ for XLF and XLV, and try to have 20% of the account value in each of the 5 Funds).
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BUYS TODAY 12/30/2022
ARRY ARRAY TECH INC. Money Wave Buy Signal today, but ARRY will not be Bought or Logged as the Volume is below average of 3.7 MIL.
BIVI BIOVIE INC. Pushing up above $7.49 but Volume is not High. AVOID. Already up 12 % today.
FSLR FIRST SOLAR INC. Money Wave Buy Signal today, but FSLR will not be Bought or Logged as the Volume is below average of 3.1 MIL. Maybe next week.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS TOMORROW
AEHR AEHR TESTING SYSTEMS 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
CAH CARDINAL HEALTH Wait for Money Wave Close > 20 with High Volume.
TOUR TUNIU CORP. Wait for Money Wave Close > 20 with High Volume.
X US STEEL CORP. 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.
SELLS TODAY NONE TODAY
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DAY TRADING SETUPS. Look for Triple Buy Pops (3 Green Circles). Movers today: BIVI (+8%) RBLX (+5%) & SOXS (+5%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down again today and are Way Below the Green Line.
Crude Oil was up $1.93 today at $80.33.
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 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.
HAPPY NEW YEAR!
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