Markets were mixed today after yesterday’s big rally. Big Tech and NFLX were weaker. The NASDAQ 100 and Small Cap Indices are both still Below the Green Lines, so many are hesitant to Buy until Commodity Prices & Interest Rates pull back. Most of the Tech stocks are too weak, and do not meet the Green Line Rules at this time.
Long term Interest Rates finally pulled back today, but are Way Above the Green Line and should be having a Buying Climax soon.
The Market is frustrating at this time as the Leading Commodity and Defensive Stocks are very over-bought, but won’t correct much to Buy. And most other Stocks no longer have a 90 Relative Strength required.
New Subscribers: Some of the strongest Stocks have come down near the Green Zones more Money Wave Buy Signals soon. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone.
BUYS TODAY 4/20/2022 NONE TODAY
BUYS TOMORROW – SWING TRADING STOCKS 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.
BRCC BRC INC. (BLACK RIFLE COFFEE) Wait for Money Wave Close > 20 with High Volume.
SBS COMPANHIA de SANEAMENTO (WATER) Wait for Money Wave Close > 20 with High Volume.
EWZ BRAZIL FUND Money Wave must Close in the Green Zone.
KR KROGER CO. Wait for Money Wave Close > 20 with High Volume.
NVDA NVIDIA CORP. Buy above $227.77 with High Volume with a 3% Trailing Sell Stop Loss below it.
VALE VALE STEEL SA Wait for Money Wave Close > 20 with High Volume.
XLK TECH FUND Buy above $151.55 with High Volume with a 3% 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.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
SELLS TODAY
UPST UPSTART HOLDINGS Lower Sell Stop Loss below $75 until it bottoms.
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DAY TRADING SETUPS. A few Triple Buy Pops today: CEI (+7%) & SQQQ (+5%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were finally up today, but are Way Below the Green Line.
Crude Oil was up $0.19 today at $102.24. _________________________________________________________________________________________________________________
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SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
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ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Apr 2, 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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– BRCC