Markets were mixed again today as the Indices are trying to bounce up at the Pink Line (10-day avgs.). That could be Bullish if the Markets can put in a Higher Low soon. Semiconductors are still weak. The major Indices are all Below the Green Lines as long as Inflation and Interest Rates remain high. Both should drop when the Economy slows down.
The Strongest & Oil Stocks dumped today, and several got Stopped Out even (Don’t Take a Loss!)
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.
The ETF SECTOR ROTATION SYSTEM will Sell all 5 positions on the Close on Thurs Jun 30, and Buy 5 new Positions on the Close of Friday Jul 1. More to follow tomorrow.
BUYS TODAY 6/29/2022
RWM INVERSE SMALL CAP FUND Money Wave today, but RWM will not be Bought or Logged as the Volume is below average of 3.8 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 – 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 Buy above $28.17 with High Volume with a 3% Trailing Sell Stop Loss below it.
GOGL GOLDEN OCEAN GROUP Buy above the Pink Line around $12.11 with High Volume with a 5% Trailing Sell Stop Loss below it.
SIGA SIGA TECH Wait for Money Wave Close > 20 with High Volume.
CTIC CTI BIOPHARMA Money Wave must Close in the Green Zone.
WEAT WHEAT FUND 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
AMD ADVANCED MICRO LOWER the Sell Stop Loss below $75.00 until it bottoms.
SWN SOUTHWESTERN ENERGY Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!)
USO US OIL FUND Stopped Out today 3 % below the High for a 1.7 % Gain. (3% Trailing Sell Stop Loss).
XLE ENERGY FUND Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!)
XOP OIL & GAS FUND Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!)
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DAY TRADING SETUPS. A few Triple Buy Pops today: SIGA (+5%) & SOXS (+6%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today, but are Way Below the Green Line.
Crude Oil was up $2.25 at $109.51.
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.
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