Markets were lower earlier today and Flushed out more “weak hands” on FEAR. We like to Buy on FEAR, and the WATCH LIST below has grown. Stocks probably won’t rally much until the US Dollar finally peaks out. The FED should cause a slowdown and long term Interest Rates should Double Top and start down. The Dollar has gone up on expectations of the FED tightening and raising short term Interest Rates again.
Indices are over-sold for the short term. The major Indices are still weak, but have corrected down near the Green Zones (probably too late to Sell for the short term).
Please be patient and wait for Buy Signals for Investments 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 (LIKE NOW).
BUYS TODAY 9/1/2022 NONE TODAY
BUYS TOMORROW – SWING TRADING STOCKS
ICLN CLEAN ENERGY FUND Wait for Money Wave Close > 20 with High Volume.
ON ON SEMICONDUCTOR Wait for Money Wave Close > 20 with High Volume.
PLUG PLUG POWER INC. Money Wave must Close in the Green Zone.
SIGA SIGA TECH. Wait for Money Wave Close > 20 with High Volume.
VERU VERU INC. Buy above $15.48 with High Volume with a 5% Trailing Sell Stop Loss below it.
XLU UTILITY FUND Wait for 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.
AEHR AEHR TEST SYSTEMS Wait for Money Wave Close > 20 with High Volume.
ASTS AST SPACEMOBILE INC. Money Wave must Close in the Green Zone.
OXY OCCIDENTAL PETE. 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.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
DBC COMMODITY FUND Slipped below the Buy Price and was Stopped Out. This trade was not logged.
ENVX ENOVIX CORP. Slipped below the Buy Price and was Stopped Out. The Target was already Hit for a 12.5 % Gain.
ICLN CLEAN ENERGY FUND EXIT if it is going to Close below Support of $22.01. This trade was not logged.
PLUG PLUG POWER INC. Slipped below the Buy Price and was Stopped Out. The Target was already Hit for a 13.2 % Gain.
XME METALS & MINING FUND Lower Sell Stop Loss below $46 until it bottoms.
DAY TRADING SETUPS. A few Triple Buy Pops today: SQQQ (+6%) TZA (7%) & SOXS (+15%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today but are Way Below the Green Line.
Crude Oil was down $3.36 to $86.20.
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 Sep 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 Investment 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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