Markets were lower again today as long term Interest Rates “gapped up” higher. The Markets need the long term Rates to Double Top up here soon, for a Stock Market rally. The US Dollar made new highs today.
More “weak hand” investors are being Flushed out 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.
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 9/6/2022
CF CF INDUSTRIES Money Wave Buy today. Target is $114. EXIT if it is going to Close below $100.23.
BUYS TOMORROW – SWING TRADING STOCKS
ENVX ENOVIX CORP. Wait for Money Wave Close > 20 with High Volume.
ICLN CLEAN ENERGY FUND Wait for Money Wave Close > 20 with High Volume.
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.
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. Wait for Money Wave Close > 20 with High Volume.
OXY OCCIDENTAL PETE. Wait for Money Wave Close > 20 with High Volume.
PLUG PLUG POWER INC. 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).
SELLS TODAY NONE TODAY
DAY TRADING SETUPS. A few Triple Buy Pops today: LABD (+7%) MARA (6%) & VIX (+7%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today and are Way Below the Green Line.
Crude Oil was unchanged today at $86.77.
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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