Markets were higher again today as T-Bonds surged higher. Several of the Indices are quickly back up near the Red Lines (50-day avgs.) which is Bullish.
T-Bonds have gone further up to the 50-day average, but should go down again next week. Inverse Bond Fund (TBT) is back in the Green Zone, so we should Buy it again next week. FEAR is now gone (VIX FEAR Index has dropped big in 4 days) so maybe raise some CASH. Short Sellers have Covered as the Markets did not collapse, but could Sell the weak ones again soon.
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.
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BUYS TODAY 11/3/2023
USO US OIL FUND Money Wave Buy Signal today. Target is $83.00. EXIT if it is going to Close below $74.24
TAL TAL EDUCATION GROUP Money Wave Buy Signal today, but TAL will not be Bought or Logged as it is already up 6% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS TOMORROW
RWM INVERSE SMALL CAP FUND 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
TBT INVERSE T-BOND FUND (2 X) Wait for Daily 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.
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
PLTR PALANTIR TECH Target Hit at $19 for a 5.7 % Gain. This trade was not logged.
SVIX Inverse VIX Fund (Greed Index) Money Wave > 50. Don’t Take a Loss! We bought too high at $28.39. Will try to reposition at a lower price.
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DAY TRADING SETUPS. Today 4 trades for $620.00. Day Trading Alerts are now being sent out on our new Discord Site with Live Chatting. Please install Discord app on your pc or cell for mobile notifications. Also follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Big Movers today: TMC (+24%) SOXL (+9%) & UPST (+11%). Try out the 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 $1.37 today at $81.02.
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 Oct 1, 2023
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
HAVE A NICE WEEKEND!
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– USO