Money Wave Alert! Mar 20, 2023

Markets were higher today on mild Buying with low Volume. The Big Techs are over bought short term. FEAR is declining, but many Leaders need to rest. The NASDAQ 100 held up very well and is currently the strongest (but over-bought).

Maybe the FED will only Raise 1/4 point at their meeting next Wednesday. Investor’s FEAR is still High, and that is when we like to Buy. Buying interest on Stocks is low until Interest Rates top out.  

Please be patient and wait for Buy Signals for that are still Above the Green Lines.  SOON – 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   3/20/2023     

FTI      TECHNIPFMC PLC     Money Wave Buy Signal today, but FTI will not be Bought or Logged as the Volume is below average of 6.0 MIL.

NAT      NORDIC AMER. TANKERS      Money Wave Buy Signal today, but NAT will not be Bought or Logged as the Volume is below average of 3.7 MIL.

STLD      STEEL DYNAMIC INC.     Money Wave Buy Signal today, but STLD will not be Bought or Logged as the Volume is below average of 1.9 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                  

BBIO      BRIDGEBIO PHARMA.      Buy above $14.35 with High Volume with a 3% Trailing Sell Stop Loss below it.

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             

NONE TODAY   

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      NONE TODAY            

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DAY TRADING SETUPS.  Follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Movers today:   KOLD (+9%)  MARA (+6%) BITO (+5%) & VIXY (+6%). 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 up $2.17 today at $66.18.

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 Mar 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.