Markets were mixed again today as the strong Leaders and S&P 500 & NASDAQ 100 Funds are back up retesting the recent highs. The S&P 500 is slightly higher than last week, but not the other Indices. Market must make higher highs to avoid the dreaded “M” or Double Top pattern, This eventually happens when the Leader and Indices are Way Above the Green Lines.
Most of the Leaders are still up in the Red Zones (probably too late to Buy for the short term). Please be patient and wait for more Buy Signals in the Green Zones. 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 7/5/2023
IMGN IMMUNOGEN INC. Money Wave Buy Signal today, but IMGN will not be Bought or Logged as the Volume is below average of 9.3 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
OSCR OSCAR HEALTH INC. 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
PBR PETROBRAS ENERGY 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.
SELLS TODAY
APLD APPLIED DIGITAL Target was Hit at $10 for a 7 % Gain.
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DAY TRADING SETUPS. Day Trading Alerts are now being sent out on our new Discord Site with Live Chatting. Please install Discord app on your pc or cell for mobile notifications. Also follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Movers today: AI (+7) IONQ (+7%) & RIOT (+5%). Try out the Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today and are Below the Green Line.
Crude Oil was up $2.18 today at $71.97.
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 Ju1 1, 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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