MARKETS WILL BE CLOSED ON MONDAY FOR JULY 4TH HOLIDAY.
Markets were higher today on lower pre-holiday Buying. Some of the Indices are trying to get back above the the Pink Lines (10-day avgs.). The Markets need to put in a Higher Low soon to show any sign of bottoming. Semiconductors made new lows again today.
The major Indices are all Below the Green Lines as long as Inflation and Interest Rates remain high. But both have been dropping recently as the Economy slows down.
The Markets and most Investments are Below the Green Lines, so please be patient and wait for Signals for Investments that are still Above the Green Lines. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone (Soon).
The ETF SECTOR ROTATION SYSTEM sold all 5 positions yesterday, and then will allocate 20% evenly into each of the same 5 Positions to be bought on the Close today. The System will Buy back the same 5 Funds (SPY QQQ XLE XLF & XLU).
BUYS TODAY 7/1/2022 NONE TODAY
BUYS TOMORROW – SWING TRADING STOCKS
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.
DBC COMMODITY FUND Wait for Money Wave Close > 20 with High Volume.
GOGL GOLDEN OCEAN GROUP Changed to Long Term Investment.
MPC MARATHON PETE. Wait for Money Wave Close > 20 with High Volume.
VERU VERU INC. Wait for Money Wave Close > 20 with High Volume.
WEAT WHEAT FUND Money Wave must Close back above the Green Line.
XOP OIL& GAS 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
AMD ADVANCED MICRO LOWER the Sell Stop Loss below $72.00 until it bottoms.
RWM INVERSE SMALL CAP FUND Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!)
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DAY TRADING SETUPS. Several Triple Buy Pops today: REV (+17%) RBLX (+8) MARA (+6%) & SIGA (+10%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up again today, but are Way Below the Green Line.
Crude Oil was up $2.54 at $108.30.
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 Jun 3, 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.
HAVE A NICE LONG WEEKEND!
Hello,
I am trying to write a scan that includes all ETF’S that are equal
to or greater than 80 using MA 155 instead of always using the sctr.
Is there a way to include this calculation into stock charts scans? If so
could you email ( fpt52@aol.com) the exact way to write it into a scan.
Thank you!
Frank