Markets rallied big today and the S&P 500 Index is already up 6.3 % since yesterday’s low. The S&P 500 is back Above the Green Line. But most of the other major Indices are still Below the Green Lines, so we are being cautious now. This is a very nervous and emotional Market, and could easily dip back down next week, as most of the Indices except the Small Caps made new Lower Lows.
The Strongest Stocks below have bounced up nicely from yesterday’s low, but the Volume is below average on all. So if you are a “Nervous Nelly”, please wait until next week to Buy. We still have the probable FED raising of Interest Rates in early March.
New Subscribers: Your patience is paying off, as we should have lower prices to Buy soon. The Watch List below has had several Buy Signals today after the strongest stocks came up out of the Green Zones. But the Volume is low, telling us that many Investors are not Buying, and we need High Volume for better moves up. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone. (Like now!)
BUYS TODAY 2/25/2022
CVS CVS HEALTH CORP. Bought above the Pink Line of $102.70, but Volume was not High. Target is $109. EXIT if it is going to Close below the Red Line of $102.41.
VLO VALERO ENERGY CORP. Money Wave Buy today. Caution, the Volume is not High. Target is $91. EXIT if it is going to Close below $82.31.
MAR MARRIOTT INT’l. Money Wave Buy today but MAR will not be Bought or Logged as the Volume is below average of 2.3 MIL. Maybe next week around $166.
MAT MATTEL INC. Already back up to the Target. Missed it… Avoid.
TS TENARIS SA Money Wave Buy today but TS will not be Bought or Logged as it is already up 4 % today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
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.
NONE TODAY
EXPE EXPEDIA INC. Money Wave must Close in the Green Zone.
WFC WELLS FARGO & CO. Relative Strength is Below 80 required for Large Caps. Avoid.
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).
SELLS TODAY NONE TODAY
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DAY TRADING SETUPS. A few Triple Buy Pops today: ISPO (+80%) & PHUN (+5%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were lower today, and are Below the Green Line.
Crude Oil was down $1.48 today at $91.33.
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MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
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.
HAVE A NICE WEEKEND!
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– CVS