Money Wave Alert! May 15, 2024

POST UPDATED: May 15, 2024
DIA chart
The DOW 30 Index $DIA was able to make a higher high, on low Volume.

DAILY SWING TRADING (SHORT TERM)
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5/15/2024  Markets Gapped Up higher today, as the MEDIA told us that 3.4 % Inflation was Good News. Several Indices were able to make higher highs than March. Bonds were stronger, but the Leaders & Techs are not coming down from the Red Zones (probably too late to Buy for the short term).  The GREED Index made another new high today, so be cautious in Buying now. Usually Smart Money takes profits when Greed is high.

Wait for more Buy Signals soon, coming up out of the Green Zones.  CHARTS  The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.  ______________________________________________________________________________

BUYS TODAY   5/15/2024                     

COIN      COINBASE GLOBAL      Swing Trade Buy today, but it is already up 7 % today (2 Star trade).

GERN      GERON CORP.        Swing Trade Buy today, but the Volume was not high (2 Star trade).

SNAP      SNAP INC.         Swing Trade Buy today, but the Volume was not high (2 Star trade).

BUYS TOMORROW               

GE      GENERAL ELECTRIC        Wait for Daily 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                   

GEO      GEO GROUP      Relative Strength is now below 90, AVOID.     

Please be patient and Wait for Money Wave Buy Signals.  We will email you when they are ready. Follow on the WATCH LIST.       

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.

SELLS TODAY      

DB      DEUTSCHE BANK      Target was Hit at $17.50 for s 6.3 % Gain.     

HMY      HARMONY GOLD      Target was Hit at $9.50 for a 6.3% Gain

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DAY TRADING SETUPS.  Today 5 trades for $520.00. Day Trading Alerts are now being sent ou The t on our new Discord Site with Live Chatting. Please install Discord app on your pc or cell for mobile notifications.

Also follow our Trading Room for quick trades. Or look for Triple Buy Pops (3 Green Circles). Big Movers today:  MSTR (+14%) DELL (+11%) & OCUL (+6%).

Try out the Side by Side layout.       DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were up today and are Below the Green Line.  

Crude Oil was up $1.03 today at $78.82.

MY TRADING DASHBOARD 
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
STAGE CHART INVESTING
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated May 1, 2024  

* Safer Trades that meet ALL three criteria will be classified as 3 STAR, while trades that only meet two of the three criteria will be flagged as 2 STAR (more risk).     

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