Markets were mixed to lower today as longer term Interest Rates continued higher, and the housing market does not like this. The 10-Year T-Note Interest Rate chart above is now Way Above the Green Line. Novice investors are panicking about higher Interest Rates and Inflation, but the Green Lines tell us that both are very extended from temporary human emotions (and will eventually return to the Green Lines).
Historically high Commodity prices and Interest Rates will slow down the Economy. So Tammy is dumping her T-Bond Fund after a 25 % drop (Way below the Green Line) and is Buying Oil & Metals Way Above the Green Lines.
The S&P 500 Index should be able to Bounce up off the Red Line (50-day avg.) soon and form an “M” pattern to re-test last week’s High.
New Subscribers: Now 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. (Now near Green Zone).
BUYS TODAY 4/8/2022
GFI GOLD FIELDS LTD. Money Wave Buy today, but GFI will not be Bought or Logged as it is already up 4 % today on low Volume.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS TOMORROW – JUMP START STOCKS Shop for a better price earlier in the day. Only use Jump Start on the same day that a Daily Money Wave Buy Signal will occur.
AGRI AGRIFORCE GROWING Buy above $3.60 with High Volume with a 5% Trailing Sell Stop Loss below it.
XLK TECH FUND Wait for Money Wave Close > 20 with High Volume.
DE DEERE & CO. Money Wave must Close in the Green Zone.
EWW MEXICO FUND Wait for Money Wave Close > 20 with High Volume.
NVDA NVIDIA CORP. Wait for Money Wave Close > 20 with High Volume.
TSLA TSLA INC. Wait for Money Wave Close > 20 with High Volume.
X US STEEL GROUP Money Wave must Close in the Green Zone.
ZIM ZIM INTEGRATED SHIPPING 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
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DAY TRADING SETUPS. A few Triple Buy Pops today: GFI (+4%) & SQQQ (+3%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down again today, and are Below the Green Line.
Crude Oil was up $0.12 today at $96.80. _________________________________________________________________________________________________________________
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
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.
HAVE A NICE WEEKEND!
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– GFI