Markets were mixed today as T-Bonds were slightly higher. Most of the Indices are back up in the Red Lines (50-day avgs.) which is Bullish.
T-Bonds have gone up above the 50-day average, but should go down once soon. Inverse Bond Fund (TBT) was back in the Green Zone, so we should Buy it again this week. FEAR is now gone (VIX FEAR Index has dropped big in 4 days) so maybe raise some CASH. The WATCH LIST has only 3 entries in it, so be cautious.
BUYS TODAY 11/8/2023
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.
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.
PBR PETROBRAS ENERGY Slipped below the Buy Price and was Stopped Out. This trade was not logged.
SVIX Inverse VIX Fund (Greed Index) Target was Hit at $30 for a 6.1 % Gain.
USO US OIL FUND EXIT if it is going to Close below the Green Line of $71.21. Hate to Sell it down here, but USO now breaks the Rules. If you love Oil, maybe wait for a bounce up and Sell around the Pink Line (10-day avg.)
DAY TRADING SETUPS. Today 4 trades for – $162. 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: TZA (+5%) KOLD (+6%) & LABD (+8%). Try out the Side by Side layout.
Bonds were up today but are Below the Green Line.
Crude Oil was down $1.77 today at $75.60.
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, 2023
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.