Problems with formatting today. Please excuse.
Markets were mixed today after the Indices dumped in the morning, but then Oil and Commodity Prices dropped. The weak Tech and NASDAQ stocks were higher on Bottom Fishing, but are still Below the Green Lines. The Markets need to put in a Higher Low soon to show any sign of bottoming. Semiconductors made new lows today but might have Reversed.
The strong Energy and Commodity Funds have pulled back nicely and should have some nice bounces up soon. 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).
BUYS TODAY 7/5/2022 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.
MPC MARATHON PETE. Wait for Money Wave Close > 20 with High Volume.
USO US OIL FUND Wait for Money Wave Close > 20 with High Volume.
BUYS SOON – CHARTS WATCH LIST
VERU VERU INC. Wait for Money Wave Close > 20 with High Volume.
XOM EXXON MOBILE Wait for Money Wave Close > 20 with High Volume.
XLE ENERY STOCK FUND Wait for Money Wave Close > 20 with High Volume.
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).
PSQ INVERSE NASDAQ 100 FUND Slipped below the Buy Price on Friday and was Stopped Out even. (Don’t Take a Loss!)
DAY TRADING SETUPS. Several Triple Buy Pops today: REV (+13%) RBLX (+12%) MARA (+6%) & TZA (+7%). 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 down $8.53 at $99.90.
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 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.