Markets were lower today as the S&P 500 Index dumped down Below the Green Line in the morning, and then bounced. Volume was huge as the Herd sold on bad news. This is called a “Selling Climax”, were we like to Buy soon.
Normally the Indices that made fresh New Highs recently like the S&P 500 and DOW 30 Indices will bounce up again to re-test the Highs. Weaker Investments might not get back up past the Red Lines (50-day avgs.)
Markets might dip down once more tomorrow, and we have plenty of CASH to Buy soon. The Markets are adjusting for the FED no longer helping with Printing…
New Subscribers: The WATCH LIST below is large which normally means that a rally is coming soon. This is one of the larger Sell Offs that you will see annually. Currently there are over 50 companies down in the Green Zones, but many are sector duplicates with lower Volume. Please WAIT for more Green Zone Buys. Money Wave pops work best when the S&P 500 Index is also in the Green Zone (Like NOW).
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BUYS TODAY 1/24/2022 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.
AEHR AEHR TESTING SYSTEMS Wait for Money Wave Close > 20 with High Volume.
F FORD MOTOR CO. Wait for Money Wave Close > 20 with High Volume.
FCG NATURAL GAS FUND Wait for Money Wave Close > 20 with High Volume.
WFC WELLS FARGO & CO. Wait for Money Wave Close > 20 with High Volume.
XLF FINANCIAL FUND Wait for Money Wave Close > 20 with High Volume.
XLP CONSUMER STAPLES FUND Wait for Money Wave Close > 20 with High Volume.
HPQ HP INC. Wait for Money Wave Close > 20 with High Volume.
KRE REGIONAL BANK FUND Wait for Money Wave Close > 20 with High Volume.
PFE PFIZER INC. Wait for Money Wave Close > 20 with High Volume.
TSLA TESLA INC. Wait for Money Wave Close > 20 with High Volume.
WFC WELLS FARGO & CO. 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.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
SELLS TODAY
AMD ADVANCED MICRO Change to Long Term (Sell Stop Loss below the Green Line of $110.) The Money Wave is back down in the Green Zone.
UPST UPSTART HOLDINGS LOWER the Sell Stop Loss below $80 until it bottoms. The Money Wave is back down in the Green Zone.
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DAY TRADING SETUPS. Only two Triple Buy Pops today: M (+15%) VIX (+33%). 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 $1.46 today at $83.50.
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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 Jan 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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