Markets were lower today as the weak Tech stocks had some mild profit taking. The NASDAQ 100 Index is still below the Green Line.
The Stock Indices are extended from returning back up near the Green Lines. The weak hand investors were flushed out on FEAR Selling last month. Be careful buying now as the DOW 30 Index has just bounced up 5000 points in a month.
Bonds are back up to the 50-day average, which should be short term Resistance. The US Dollar and long term Interest Rates have been correcting back down towards the Green Lines causing Stocks to rally. The Inverse NASDAQ 100 and Inverse T-Bond Funds are back down in the Green Zones for Buy Signals soon. Maybe RAISE some Cash on your Stocks.
Please be patient and wait for Buy Signals for that are still Above the Green Lines. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone.
BUYS TODAY 11/16/2022 NONE TODAY
ISEE IVERIC BIO INC. Buy above $19.47 with High Volume with a 5% Trailing Sell Stop Loss below it.
PSQ INVERSE NASDAQ 100 FUND Buy above $13.84 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.
TBT INVERSE T-BOND FUND Wait for Money Wave Close > 20 with High Volume.
YANG INVERSE CHINA FUND (Leveraged 3 X High Risk) Wait for Money Wave Close > 20 with High Volume.
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
DLTR DOLLAR TREE INC. Target was Hit at $170 yesterday for a 16 % Gain (Long Term Portfolio).
GERN GERON CORP. Slipped below the Buy Price of $2.26 and was Stopped Out even. (Don’t Take a Loss!)
DAY TRADING SETUPS. A few Triple Buy Pops today: LABD (+8%) TZA (+7%) YANG (+7%) & SOXS (+13%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today but are Way Below the Green Line.
Crude Oil was down $1.25 today at $85.75.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Nov 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 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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