Markets were lower today on mild profit taking from a 4 week rally. The Indices should retest last week’s highs again, 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)..
Please be patient and wait for Buy Signals for that are still Above the Green Lines. SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.
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BUYS TODAY 1/30/2023 NONE TODAY
BUYS TOMORROW
ROIV ROIVANT SCIENCES LTD Buy above $8.79 with High Volume with a 3% Trailing Sell Stop Loss below it.
SMMT SUMMIT THERA. PLC Wait for Money Wave Close > 20 with High Volume.
TECK TECK RESOURCES LTD. 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
ARDX ARDELYX INC. Wait for Money Wave Close > 20 with High Volume.
PSQ INVERSE NASDAQ 100 FUND Wait for a Close Above the Pink Line (10-day avg.) around $13.72.
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.
SELLS TODAY
TEVA TEVA PHARMA. Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!)
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DAY TRADING SETUPS. Look for Triple Buy Pops (3 Green Circles). Movers today: BBBY (+20%) LABD (+8%) SOXS (+8%) & SQQQ (+6%). ( 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 down $1.85 today at $77.83.
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.
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