Money Wave Alert! Mar 22, 2023

POST UPDATED: March 24, 2023
SMH Chart
The Semiconductor Fund (SMH) is now strong, but up in the Red Zone.

Markets were mixed and wild today after the FED Raised Interest Rates 1/4 point. tomorrow. The Market were a little disappointed, but the NASDAQ 100 and Semiconductor Funds were able to make higher high today.

The Big Techs & NASDAQ 100 Index are over bought for the short term, so expect some profit taking soon.  There are only 3 entries on the  WATCH LIST.  It is amazing how much of the FEAR has quickly disappeared.

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   3/22/2023     NONE TODAY

 

BUYS TOMORROW                  

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

IOT      SAMSARA INC.     Money Wave must Close in the Green Zone.  SVC      SERVICE PROPERTIES TRUST

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             

SVC      SERVICE PROPERTIES TRUST      Wait for Money Wave Close > 20 with High Volume.

ZETA      ZETA GLOBAL HOLDINGS       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      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 (+10%)  AMD (+5%) TARK (+11%) & SOXL (+6%). Try out the New Side by Side layout.      

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were up today but are Below the Green Line.  

Crude Oil was up $0.01 today at $69.33.

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. 

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