Markets were sharply higher today as several Money Wave Buy Signals kicked in. The Indices are bouncing up off the June low Support, but many investors are still unsure and that is why is Volume is low (many are still waiting).
The US Dollar and long Term Interest Rates were both down, helping stocks. But the Dollar and Interest Rates could go up once more if they bounce up off the Pink Lines (10-day avgs.) soon. Then Stocks could try the Low once more.
Please be patient and wait for Buy Signals for Securities 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).
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BUYS TODAY 9/28/02022
UNG US NAT’L. GAS FUND Money Wave Buy today. Target is $31. EXIT if it is going to Close below $22.77.
CPRX CATALYST PHARMA. Trying to get above the Pink Line of $12.67, but Volume is low so we will not Buy. Maybe try soon around $12.00.
GERN GERON CORP. Money Wave Buy today, but GERN will not be Bought or logged as it is already up 7 % today.
XOM EXXON MOBILE CORP. Money Wave Buy today, but XOM will not be Bought or logged as the Volume is below average of 19 MIL.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS TOMORROW
SIGA SIGA TECH. Buy above $11.25 with High Volume with a 5% Trailing Sell Stop Loss below it.
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
ENVX ENOVIX CORP. Wait for Money Wave Close > 20 with High Volume.
FRO FRONTLINE LTD. Wait for Money Wave Close > 20 with High Volume.
SIGA SIGA TECH. Buy above $11.25 with High Volume with a 5% Trailing Sell Stop Loss below it.
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
SELLS TODAY NONE TODAY
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DAY TRADING SETUPS. A few Triple Buy Pops today: MARA (+9%) LABU (+13%) (HUSA (+10%) & TARK (+10%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today but are Way Below the Green Line.
Crude Oil was up $3.54 today at $82.04.
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 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 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.
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