Money Wave Alert! Dec 20, 2024

POST UPDATED: December 20, 2024

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QQQ chart
The NASDAQ 100 Fund $QQQ is back down in the Green Zone for a Buy Signal soon.

The Top Pick of the Week (TPOW): Small Cap Fund (IWM) will be Sold on the Close today with a small Loss.

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12/20/2024  The Markets were sharply higher today after yesterday’s decline. Stock need long term Rates to drop, and an over sold Bond Market bounce could do that soon.

The S&P 500 & NASDAQ  100 Funds are back down in the Green Zone for Buy Signals soon. The Big 7 Stocks and the NASDAQ 100 Fund are the strongest to Buy on this FEAR Flush, We don’t want to dump Stocks on Bad News, so we are keeping Positions that are above the Green Lines.  

Wait for more Buy Signals 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. 

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BUYS TODAY   12/20/2024      NONE TODAY    

BUYS TOMORROW 

MSTR      MICROSTRATEGY      Wait for Daily Money Wave Close > 20 with High Volume.   
NWL      NEWELL BRANDS      Wait for Daily Money Wave Close > 20 with High Volume.   
QQQ       NASDAQ 100 FUND        Wait for Daily Money Wave Close > 20 with High Volume. 
SOFI      SOFI TECH      Wait for Daily Money Wave Close > 20 with High Volume. 
WBD      WARNER BROS DISCOVERY         Wait for Daily 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.        

BUYS SOON                 

CNK       CINEMARK HOLDINGS        Wait for Daily 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.     

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.       

SELLS TODAY            NONE TODAY        

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DAY TRADING SETUPS.  Today we had 8 scalp trades for $1,460 at our Trading Room. Day Trading Alerts are now being sent out on our Discord Site with Live Chatting. Please install Discord app on your PC or cell for mobile notifications.     

Or look for Triple Buy Pops (3 Green Circles). Big Movers today:   PDYN + 12 %, IONQ +17%, OKLO + 8%.   

BANANA HUNT TRADING CHARTS.

Bonds were up today and are Below the Green Line.  
Crude Oil was up $0.23 today at $69.60.   

NEW! TOP PICK OF THE WEEK

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Important Links

Top 100Stage Chart InvestingCNN Fear & Greed Index
Dividend Growth PortfolioETF Sector PortfolioDogs of the Dow
Long Term StrategyStage Chart InvestingArticles
      

* Safer Trades that meet ALL three criteria will be classified as 3 STAR, while trades that only meet two of the three criteria will be flagged as 2 STAR (more risk).   

 

HAVE A NICE WEEKEND!

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