Markets were mixed today after yesterday’s Tech rally. Several of the major Indices and Leaders are quickly back up in the Red Zones (probably too late to Buy for the short term).The DOW 30 Index And Small Caps are the weakest.
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.
BUYS TODAY 1/24/2023
TEVA TEVA PHARMA Money Wave Buy Signal today, but TEVA will not be Bought or Logged as the Volume is below average of 9.5 MIL.
NINE NINE ENERGY SERVICE Wait for Money Wave Close > 20 with High Volume.
ROIV ROIVANT SCIENCES LTD Wait for Money Wave Close > 20 with High Volume.
SARK INVERSE ARKK INNOVATION FUND Wait for a Close Above the Pink Line (10-day avg.) around $47.09.
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.
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. (2nd Buy Signal soon).
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
CAH CARDINAL HEALTH EXIT if it is going to Close below Support of $75.34. The trade was not logged.
GGB GERDAU USA EXIT if it is going to Close below the Pink Line around $6.34. The Target was already Hit for an 8.2 % Gain.
X US STEEL GROUP EXIT if it is going to Close below the Pink Line around $28.02. The Target was already Hit for a 9.1 % Gain.
DAY TRADING SETUPS. Look for Triple Buy Pops (3 Green Circles). Movers today: BBBY (+20%) & LABU (+7%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today and are Below the Green Line.
Crude Oil was down $0.07 today at $81.57.
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 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.
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