Markets were sharply higher today, as some investors are betting that the Indices have successfully re-tested the lows of January, and held. But the Volume was not high, which tells us that many are not convinced of a good Market bottom, and still worry that the Wave 2 down move is not over. Most will need a Good News story before they will get back in…
Investors that follow the News are worried about Russia, FED Tightening, Covid, etc. The stronger DOW 30 and S&P 500 Indices that made fresh New Highs in January like the S&P 500 and DOW 30 Indices should re-test the Highs if this current decline ends soon. Weaker Investments might not get back up past the Red Lines (50-day avgs.)
New Subscribers: Many stocks have been hit very hard, and don’t have the 90 Relative Strength required to be safer. And the strongest Energy & Banks stock won’t hardly come down to the Green Zones. Please WAIT for Money Wave Buy Signals soon. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone.
BUYS TODAY 2/15/2022 NONE TODAY
BUYS TOMORROW – JUMP START STOCKS Shop for a better price earlier in the day. Only use Jump Start on the same day that a Daily Money Wave Buy Signal will occur.
XLK TECH FUND Buy above the Pink Line around $159.32 with High Volume with a 3% Trailing Sell Stop Loss below it.
CVS CVS HEALTH CORP. Wait for Money Wave Close > 20 with High Volume.
SARK INVERSE SMALL CAP FUND Money Wave must Close in the Green Zone.
XLF FINANCIAL FUND Money Wave must Close in the Green Zone.
XOM EXXON MOBILE CORP. Money Wave must Close in the Green Zone.
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
CDEV CENTENNIAL RESOURCES Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!)
DAY TRADING SETUPS. A few good Triple Buy Pops today: BBIG (+14%) MARA (+14%) & NVDA (+9%). Try out the New 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 $3.41 today at $92.05.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Feb 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 Investment 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.
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