Markets were slightly higher today as the S&P 500 & NASDAQ 100 Funds are still trying to bounce up above the Pink Lines (10-day averages) to avoid short term Sell Signals. Both Indices had the dreaded “M” or Double Top pattern, but heaving Selling did not come in (which is bullish as buyers are still left.
Most of the Leaders were 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.
__________________________________________________________________________
BUYS TODAY 7/7/2023 NONE TODAY
BUYS TOMORROW
CX CEMEX SA Wait for Money Wave Close > 20 with High Volume.
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
BDTX BLACK DIAMOND THERA. Wait for Money Wave Close > 20 with High Volume.
PBR PETROBRAS ENERGY Money Wave must Close in the Green Zone.
UBER UBER TECH. 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
IMGN IMMUNOGEN INC. EXIT if it is going to Close below Support of $18.47. This trade was not logged.
RIOT RIOT BLOCKCHAIN Target was Hit at $15 for a 37.5 % Gain. (Long Term Portfolio).
_________________________________________________________________________
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: MARA (+12%) RIOT (+15%) & SOXL (+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 $1.79 today at $73.99.
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.
HAVE A NICE WEEKEND!
ORCL just closed 2 cents below the swing low. Is it now a sell or a hold?
Since ORCL is back down in the Green Zone, we will lower the Stop below $112.50.
Thank you.
ORCL Chart