Markets were lower today on profit taking by the Institutions from last week’s mild rally on low Volume. The Indices are struggling to re-test last week’s highs, and the DOW 30 Index needs to bounce up here at the Pink Line to avoid a short term Sell Signal. We are waiting for more Leaders to return to the Green Zones for more Buy Signals.
The US Dollar and long term Interest Rates are still correcting back down towards the Green Lines causing Stocks to rally. The US Dollar Fund (UUP) and Inverse T-Bond Fund (TBT) are back down in the Green Zones for Buy Signals soon. Maybe RAISE some Cash on your Stocks.
BUYS TODAY 11/28/2022 NONE TODAY
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.
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
DHT DHT HOLDINGS EXIT if it is going to Close below the Pink Line around $10.13. The Target was already Hit at $9 for a 21.8 % Gain.
HLIT HARMONIC INC. The Target was Hit today at $15.25 for a 13.7 % Gain. This trade was Not Logged.
Bonds were up today but are Way Below the Green Line.
Crude Oil was down $1.18 today at $76.79.
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.