Markets “Gapped Up today after Good News about the Economy growing 2.9 % which surprised the predictors. Now the major Indices and Leaders are quickly back up in the Red Zones (probably too late to Buy for the short term). The Market has not pulled back yet enough recently to get any good Money Wave Buy Signals. Please be patient and WAIT as GREED levels are high now.
Please be patient and wait for Buy Signals for that are still Above the Green Lines. SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.
_________________________________________________________________________________________________________________
BUYS TODAY 1/26/2023
SLB SCHULUMBERGER LTD. Money Wave Buy Signal today, but SLB will not be Bought or Logged as the Volume is below average of 10.6 MIL.
BUYS TOMORROW
ROIV ROIVANT SCIENCES LTD Buy above $8.79 with High Volume with a 3% Trailing Sell Stop Loss below it.
SARK INVERSE ARKK INNOVATION FUND Wait for a Close Above the Pink Line (10-day avg.) around $46.15.
SMMT SUMMIT THERA. PLC 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
PSQ INVERSE NASDAQ 100 FUND Wait for Money Wave Close > 20 with High Volume.
TSLQ INVERSE TESLA FUND Wait for Money Wave Close > 20 with High Volume. (2nd Buy Signal soon).
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
TSLQ INVERSE TESLA FUND LOWER the Sell Stop Loss below $55.00. Tesla stock Gapped Up today on Earnings but is still Below the Green Line with only 1.8 Relative Strength. TSLA should retest the Lows again once the Short Sellers come back in.
________________________________________________________________________
DAY TRADING SETUPS. Look for Triple Buy Pops (3 Green Circles). Movers today: TSLL (+15%) TQQQ (+5%) & SOXS (+5%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today and are Below the Green Line.
Crude Oil was up $1.02 today at $81.17.
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 Jan 2 2023
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.
Related Post
– SLB