Markets were lower today on more mild profit taking. Looks like the S&P 500, Small Caps, and NASDAQ 100 Indices wil go back up soon to retest the recent highs, but the Leaders and Indices are back up in the Red Zones (probably too late to Buy for the short term).
The Market has not pulled back yet enough recently to get any good Money Wave Buy Signals (Greed is too High).. Emotions have become very high from FOMO (Fear of Missing Out).
BUYS TODAY 2/6/2023 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.
ARDX ARDELYX INC. Target was Hit at $3.35 for a 11.3 % Gain. This trade was not logged.
DAY TRADING SETUPS. Follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Movers today: BBBY (+120%) AMC (+20%) SOXS (+6%) & TZA (+5%). ( Try out the New Side by Side layout.
Bonds were down today and are Below the Green Line.
Crude Oil was up $0.92 today at $74.31.
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 Feb 1, 2023
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.