Markets were mixed to lower again today as investors could not decide on the direction. The weak Big Tech Stocks dropped early, but recovered near the Close. The major Indices are no longer over-bought and are getting back down near the Green Zones for Buy Signals soon. We are waiting for the Leaders to return to the Green Zones for more Buy Signals.
Treasury Bonds are rallying back up near the Green Line, but should go down once more. The US Dollar and long term Interest Rates have corrected back down towards the Green Lines causing Stocks to rally. The US Dollar Fund (UUP) and Inverse T-Bond Fund (TBT) should bounce back up for Buy Signals soon. Maybe RAISE some Cash on your Stocks.
BUYS TODAY 12/7/2022 NONE TODAY
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.
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
SRPT SAREPTA THERA. EXIT if it is going to Close below the Pink Line around $119.95. The Target was already Hit at $115 for a 10.6 % Gain.
Bonds were up today but are Way Below the Green Line.
Crude Oil was down $1.83 today at $72.42.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
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.