Markets were mostly lower today on mild profit taking. The Big Techs are still sluggish, but should go up once more. Relative Strength has really dropped on Big 7 Stocks.
SWING TRADING (SHORT TERM)Watchlist and Charts
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Current Positions | Current Charts |
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The Leaders and Indices are still extended for the short term, on FOMO Buying (Fear of Missing Out). Most of the Indices are now slowly coming down from the Red Zones (probably too late to Buy for the short term).
Long term Interest Rates have slowly dropped for over 5 weeks now, but the upward momentum should push Rates up once more. T-Bonds are still holding up above the 50-day average, but should go down once more (and Stocks should not like that).
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.
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BUYS TODAY 12/4/2023 NONE TODAY
BUYS TOMORROW
NVDA NVIDIA CORP. Wait for Daily Money Wave Close > 20 with High Volume.
XPEV XPENG INC. Wait for Daily 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
APP APPLOVIN CORP. Money Wave must Close in the Green Zone.
RWM INVERSE SMALL CAP FUND Slipped below the Green Line. AVOID.
TBT INVERSE T-BOND FUND (2X) Buy above $36.58 with High Volume with a 3% 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.
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
LLY ELI LILLY & CO. Slipped below the Buy Price late Friday and was Stopped Out even. This trade was not logged.
PLTR PALANTIR TECH. Lower Sell Stop Loss below the Red Line of $19.99 until it bottoms.
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DAY TRADING SETUPS. Today 3 trades for $170.00. 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: MARA (+9%) GBTC (+7%) & UPST (+62%). Try out the Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today and are Below the Green Line.
Crude Oil was down $0.82 today at $73.25.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
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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.
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– RWM