Money Wave Alert! Mar 8, 2023

Markets were lower again today, as investors worried about the FED raising short term Interest Rates even more. Historically this causes an Economic slow down.

The Leaders and Indices were quickly back up in the Red Zones (probably too late to Buy for the short term) so the Market needed a rest. Also the  WATCH LIST is small with only 2 names on it, so please be patient and Wait. 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   3/8/2023     

TBT      INVERSE T-BOND FUND      Money Wave Buy Signal today. Target is $32.25, EXIT if it is going to Close below $30.20. 

BUYS TOMORROW                    

HIMS      HIS & HERS HEALTH INC.      Wait for Money Wave Close > 20 with High Volume.  

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             

XME      METALS & MINING FUND       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               

BA      BOEING CO.     EXIT if it is going to Close below the Pink Line around $206.44. This trade was not logged.

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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 (+6%)  LABD (+5%) & SOXL (+7%). 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 down $0.05 today at $76.53.

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.