Markets continued to grind lower as the Indices are waiting for the results of the FED Meeting on Wednesday. The FED will probably raise Short Term Interest Rates 1/4 point, but the FEAR has many thinking it could be more. Raising Rates would be considered Bad News, so Smart Money should Buy after the FED News. Tammy should do it wrong and Sell on the Bad News.
Volume again today tells us that many are still scared and the FEAR levels are very high. Historically FEAR is usually a good time to Buy, but Smart Money is Waiting for the Indices to stop making lows and form a Double Bottom or “W” pattern. We currently only have 4 of 10 positions, and hope to Buy more soon after this emotional Flushing is over.
New Subscribers: We are cautious now as the Volume is low. We need High Volume for better moves up. Please be patient and Wait for more Buy Signals soon. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone (Like now!)
BUYS TODAY 3/14/2022 NONE TODAY
BUYS TOMORROW – JUMP START STOCKS Shop for a better price earlier in the day. Only use Jump Start on the same day that a Daily Money Wave Buy Signal will occur.
KAR KAR AUCTION SERVICES Buy above $18.10 with High Volume with a 5% Trailing Sell Stop Loss below it.
TWNK HOSTESS BRANDS INC. Wait for Money Wave Close > 20 with High Volume.
USO US OIL FUND Wait for Money Wave Close > 20 with High Volume.
WEAT WHEAT FUND Wait for Money Wave Close > 20 with High Volume.
BTI BRITISH AMER TOBACCO PLC Buy above $41.40 with High Volume with a 5% Trailing Sell Stop Loss below it.
F FORD MOTOR CO. Buy above $16.83 with High Volume with a 5% Trailing Sell Stop Loss below it.
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.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
SELLS TODAY
CCO CLEAR CHANNEL OUTDOOR Slipped below the Buy Price and was Stopped Out. (Don’t Take a Loss!) This trade was not logged.
HUN HUNTSMAN CORP. Target was Hit at $41 for an 8.0 % Gain. This trade was not logged.
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DAY TRADING SETUPS. A few good Triple Buy Pops today. SQQQ (+6%) SARK (+6%) TZA (+7%) & VIX (+7%) Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today, and are Below the Green Line.
Crude Oil was down $7.96 today at $101.37.
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MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Mar 1, 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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– KAR