Markets were mixed today, waiting on long term Interest Rates to stall out. The Leaders & Indices are now coming down from the Red Zones (probably too late the Buy for the short term). The WATCH LIST is now getting larger.
Bonds are back going down slowly this time, so maybe the previous low (Support) will hold. We bought the Inverse Bond Fund TBT on Friday for a quick trade back up, but it is not making higher highs (Bullish for Bonds).
Now we need to wait on a pull back for a few days. There will be more Buy Signals soon, coming up out of the Green Zones. CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.
BUYS TODAY 9/8/2023 NONE TODAY
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.
SMH SEMICONDUCTOR FUND Lower Sell Stop Loss below $149.45. until it bottoms. SMH is almost back down in the Green Zone with 95 SCTR Rank.
DAY TRADING SETUPS. 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). Movers today: SMCI (+5%) IONQ (+10%) & VKTX (+10%). Try out the Side by Side layout.
Bonds were up today but are Below the Green Line.
Crude Oil was up $0.55 today at $87.42.
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, 2023
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
HAVE A NICE WEEKEND!