Markets were mixed today but the DOW 30 Index was lower on poor Goldman Sachs earnings. Volume was low and the major Indices and Leaders are over-bought and back up in the Red Zones (probably too late to Buy for the short term),
Long Term Interest Rates have dropped enough where they should bounce up soon, and Stocks probably won’t like that. FEAR has also disappeared,
Please be patient and wait for Buy Signals for that are still Above the Green Lines. BUYS SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone (now in Red Zone).
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BUYS TODAY 1/17/2023
TBT INVERSE T-BOND FUND (2 X) Money Wave Buy today. Target is $32.50. EXIT if it Closes below $27.70.
BUYS TOMORROW
PSQ INVERSE NASDAQ 100 FUND Wait for Money Wave Close > 20 with High Volume.
TSLQ INVERSE TESLA FUND Wait for 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
SARK INVERSE ARKK INNOVATION FUND Wait for Money Wave Close > 20 with High Volume.
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
SELLS TODAY NONE TODAY
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DAY TRADING SETUPS. Look for Triple Buy Pops (3 Green Circles). Movers today: BBBY (+12%) RBLX (+12%) MARA (+10%) & TSLL (+10%). ( 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 up $1.17 today at $81.03.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Jan 2 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.
RBLX = awesome!
Thanks Mary.
PJ investors still have some $$$.