Markets were mixed today after yesterday’s big rally, and the Indices stalled at the Pink Lines (10-day avgs.) Buying Volume was lower as many are not confident enough to Buy. We need to see long term Interest Rates and the US Dollar drop to bring in powerful buying.
The major Indices are still weak, but many Leaders have corrected down in the Green Zones (probably too late to Sell for the short term) for short term Buy Signals. The FED will probably tighten once more on Sep 21, so many are holding off on purchases.
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.
BUYS TODAY 9/8/2022
ENVX ENOVIX CORP. Money Wave Buy today. Target is $24. EXIT if it is going to Close below $18.33.
BUYS TOMORROW – SWING TRADING STOCKS
SIGA SIGA TECH. 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.
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.
UNG US NAT’L. GAS FUND 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: MARA (+11%) BNGO (+5%) LABU (+9%) SOXL (5%) & VERU (+12%). ( 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 up $1.13 today at $83.13.
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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