Markets were higher again today as Buyers came in to scoop up the over-sold Indices. The stronger DOW 30 and S&P 500 Indices have bounced up nicely off the Green Lines, as Investors made a decision to Buy over the weekend. This rally should have 5 Waves in it (3 up and 2 down) and the first wave up could be over soon.
Normally the Indices that made fresh New Highs recently like the S&P 500 and DOW 30 Indices should bounce up again to re-test the Highs. Weaker Investments might not get back up past the Red Lines (50-day avgs.)
New Subscribers: Please WAIT for more Money Wave Buy Signals soon. The S&P 500 has just popped up 6.5 % from last Monday’s Low. Money Wave pops work best when the S&P 500 Index is just coming out of the Green Zone.
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BUYS TODAY 1/31/2022
FLO FLOWERS FOODS INC. Money Wave Buy today but FLO will not be Bought or Logged today as the Volume is below average of 1.4 MIL.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
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.
BLDR BUILDERS FIRSTSOURCE Buy above the Pink Line around $68.64 with High Volume with a 5% Trailing Sell Stop Loss below it.
IMTE INTEGRATED MEDIA Wait for Money Wave Close > 20 with High Volume.
F FORD MOTOR CO. Buy above $21.04 with High Volume with a 5% Trailing Sell Stop Loss below it.
XLP CONSUMER STAPLES FUND Money Wave must Close in the Green Zone.
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 NONE TODAY
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DAY TRADING SETUPS. Several Triple Buy Pops today: AMD (+7) BBIG (+14%) BFRI (+11%) DWAC (+8%) NVDA (+6%) PHUN (+7%) RBLX (+12%) & TSLA (+10%) . 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 up $1.25 today at $88.07, a New High.
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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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