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May 5, 2022

Money Wave Alert! May 5, 2022

TNX Chart
Last time the Yield on the 10-Year Note got this high, Rates fell.

Markets were sharply lower today as the Bond Market does not think the FED is serious about dealing with Inflation. Yesterday the FED said everything needed to keep the Stock Markets from breaking Support and causing a big Sell off after raising the Fed Fund Rate 1/2 point. It also sounded like the FED would quickly return back to Printing on any weakness of the Economy.

Bond Investors wanted and will demand that the FED be more hawkish about tightening. Otherwise Bond prices could fall more. But the FED has to decide if the Stock Market and Election are more important than dealing with Inflation.

The Green Line tells us that Human Emotion (FEAR) has caused Inflation and Interest Rates to temporarily go up too High, and Bonds prices are too low. All Investments eventually return to the Green Lines, and Smart Money makes profits from extreme temporary Emotions.

Now the S&P 500 Index needs hold above Monday’s Support, and Bonds need to peak before we can see a decent rally in Stocks. This is currently a weak Market, and now we will wait to for more Money Wave Buy Signals.  BUYS SOON – CHARTS  The best moves are when the S&P 500 Index is also coming up out of the Green Zone. 

BUYS TODAY    5/5/2022     NONE TODAY

  
BUYS TOMORROW – SWING TRADING STOCKS  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.   

VERU      VERU INC.      Wait for Money Wave Close > 20 with High Volume. 

BUYS SOON – CHARTS      WATCH LIST

GDX      GOLD MINERS FUND      Buy above $36.09 with High Volume with a 5% Trailing Sell Stop Loss below it.     

SBS      COMPANHIA de SANEAMENTO (WATER)    Buy above $9.32 with High Volume with a 5% Trailing Sell Stop Loss below it.     

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   NONE TODAY       

______________________________________________________________________________________________________________

DAY TRADING SETUPS. A few Triple Buy Pops today: CEI (+8%) HUSA (+11%) SOXS (+18%) & SQQQ (+18%) TZA (+15%). Try out the New Side by Side layout.   

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were down hard today, and are Way Below the Green Line. 

Crude Oil was up $0.39 today at $108.20.     _________________________________________________________________________________________________________________

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 May 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.

Posted By AbovetheGreenLine at 2:40 pm Leave a Comment Tagged With: premium

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SH Chart
Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

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