Markets were experiencing an up and down day today, switching between modest highs and lows. Until Interest Rates bottom, we are probably not going to have a good rally.
The Strong Oil Stocks and Leaders below are down in the Green Zones for more Money Wave Buy Signals soon. Hopefully you have some Cash to Buy the Leaders. Please Wait for the Buy Signals.
The Markets and most Investments are weak (Below the Green Lines), so please be patient and wait for Signals for Investments below 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 (Now in the Green Zone).
BUYS TODAY 6/17/2022
BTU PEABODY ENERGY Money Wave Buy today. Target is $29. Exit if it’s going to close below $20.56.
MRK MERCK AND CO Money Wave Buy, Target $94. Exit if it’s going to close below $83.05.
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.
OXY OCCIDENTAL PETROLEUM CORP Wait for Money Wave Close > 20 with High Volume.
SWN SOUTHWESTERN ENERGY CO Wait for Money Wave Close > 20 with High Volume.
XOM EXXON MOBIL Wait for Money Wave Close > 20 with High Volume.
GOGL GOLDEN OCEAN GROUP Buy above $12.96 with High Volume with a 5% Trailing Sell Stop Loss below it.
SBLK STAR BULK CARRIERS Buy above $27.17 with High Volume with a 5% Trailing Sell Stop Loss below it.
USO US OIL FUND Money Wave must Close in the Green Zone.
XLE ENERGY SELECT SECTOR Wait for Money Wave Close > 20 with High Volume.
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
MOS MOSAIC CO. Lower Sell Stop Loss below $49.00 until it bottoms.
SIGA SIGA TECHNOLOGIES Stopped Out below $10.96 (5% Trailing Sell Stop Loss) for a 2 % Gain.
TBF INVERSE TREASURY BOND FUND EXIT if it is going to Close below the Pink Line around $20.53. The Target was already Hit for a Gain.
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DAY TRADING SETUPS. A few Triple Buy Pops today: AMC (+7%) BBIG (+7%) LCID (+8%) RBLX (+10%) & VERU (+8%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today, but are still Way Below the Green Line.
Crude Oil was down $8.23 at $109.26.
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 WEEKEND!
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