Markets were higher again today as T-Bonds surged higher. Several of the Indices are quickly back up near the Red Lines (50-day avgs.) which is Bullish.
T-Bonds have had a nice bottoming pattern, but will probably need to dip back down once more. So maybe slow down on Buying for a few days, as the FEAR is now gone (VIX FEAR Index has dropped big in 4 days). Short Sellers are Covering as the Markets did not collapse.
Wait for more Buy Signals soon, 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 11/2/2023
AAOI APPLIED OPTOELECTRONICS Bought above $7.95 but the Volume as not High, so AAOI will not be Bought or Logged today (up 11%).
PLTR PALANTIR TECH Money Wave Buy Signal today, but PLTR will not be Bought or Logged as it is already up 20% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS TOMORROW
JBL JABIL INC. Buy above $124.55 with High Volume with a 3% Trailing Sell Stop Loss below it.
USO US OIL FUND 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
RWM INVERSE SMALL CAP FUND Wait for Daily Money Wave Close > 20 with High Volume.
TAL TAL EDUCATION GROUP 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
UUP US DOLLAR FUND EXIT if it is going to Close below the Pink Line around $21.91. This trade was not logged. Target was already Hit for a 4% Gain.
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DAY TRADING SETUPS. Today 4 trades for $360.00. Day Trading Alerts are now being sent out on our new Discord Site with Live Chatting. Please install Discord app on your pc or cell for mobile notifications. Also follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Big Movers today: SHOP (+22%) SOXL (+9%) & PLTR (+20%). Try out the Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today but are Below the Green Line.
Crude Oil was down $0.37 today at $80.66.
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 Oct 1, 2023
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.