Markets were lower again today as Bonds continued to make lower lows. The strongest Stocks and Indices are not going to bounce up good until Bonds bottom. The high Interest Rates from low Bond prices will slow the Economy down, and then Dumb Money will want Bonds again (that they are panic Selling now).
When Bonds finally have a good Double Bottom, maybe Buy more of the Leaders that we bought last week.
BUYS TODAY 10/19/2023 NONE TODAY
JBL JABIL INC. 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.
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.
SVIX INVERSE VIX FUND (GREED INDEX) Lower Sell Stop Loss below $23.00 until it bottoms. The Money Wave is back down in the Green Zone.
DAY TRADING SETUPS. Today 5 trades for $310. 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: LABD (+6%) TBT (+4%) & TSLQ (+10%). Try out the Side by Side layout.
Bonds were down today and are Below the Green Line.
Crude Oil was up $1.68 today at $88.34.
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 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.