Markets were sharply higher today as the Tax Loss Selling might be about over (2 day settlement for 2022 trades was yesterday).
End of Tax Selling BOTTOM FISHERS for next week (up or out, if they don’t bounce on next Tuesday or Wednesday, Dump them): AMC ARKK BBBY BOIL F LCID MARA PLTR RBLX TARK TSLA TSLL.
Eventually the high Interest Rates will cause Inflation to slow down, and the FED should stop tightening.
Please be patient and wait for Buy Signals for that are still Above the Green Lines. BUYS SOON – 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 12/29/2022 NONE TODAY
BUYS TOMORROW
BIVI BIOVIE INC. Buy above $7.49 with High Volume with a 5% Trailing Sell Stop Loss below it.
FSLR FIRST SOLAR INC. Wait for Money Wave Close > 20 with High Volume.
NTNX NUTANIX INC. 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.
BUYS SOON
AEHR AEHR TESTING SYSTEMS Wait for Money Wave Close > 20 with High Volume.
ARRY ARRAY TECH INC. Money Wave must Close in the Green Zone.
CAH CARDINAL HEALTH 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.
SELLS TODAY
EWW MEXICO FUND EXIT if it is going to Close below Support the Pink Line around $50.60. This trade was not logged.
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DAY TRADING SETUPS. Look for Triple Buy Pops (3 Green Circles). Movers today: AMC (+8%) LABU (+16%) TQQQ (+8%) TSLL (+12%) & SOXL (+10%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up again today but are Way Below the Green Line.
Crude Oil was down $0.77 today at $78.77.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Dec 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 Security 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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– BIVI