Markets were lower today on profit taking by the Institutions from last week’s mild rally on low Volume. The Indices are struggling to re-test last week’s highs, and the DOW 30 Index needs to bounce up here at the Pink Line to avoid a short term Sell Signal. We are waiting for more Leaders to return to the Green Zones for more Buy Signals.
The US Dollar and long term Interest Rates are still correcting back down towards the Green Lines causing Stocks to rally. The US Dollar Fund (UUP) and Inverse T-Bond Fund (TBT) are back down in the Green Zones for Buy Signals soon. Maybe RAISE some Cash on your Stocks.
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 11/28/2022 NONE TODAY
BUYS TOMORROW
PDD PINDUODUO INC. Gapped Up 14 % on Good Earnings. Wait for a pullback near the Pink Line to fill the Gap.
PSQ INVERSE NASDAQ 100 FUND Buy above $14.02 with High Volume with a 3% Trailing Sell Stop Loss below it.
TSLQ INVERSE TESLA FUND 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
DXCM DEXCOM INC. Money Wave must Close in the Green Zone.
FRO FRONTLINE INC. Wait for Money Wave Close > 20 with High Volume.
TBT INVERSE T-BOND FUND Wait for Money Wave Close > 20 with High Volume.
YANG INVERSE CHINA FUND (Leveraged 3 X High Risk) Wait for Close Above the Green Line & 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
DHT DHT HOLDINGS EXIT if it is going to Close below the Pink Line around $10.13. The Target was already Hit at $9 for a 21.8 % Gain.
HLIT HARMONIC INC. The Target was Hit today at $15.25 for a 13.7 % Gain. This trade was Not Logged.
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DAY TRADING SETUPS. A few Triple Buy Pops today: SOXS (+8%) TZA (+7%) & UVXY (+6%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today but are Way Below the Green Line.
Crude Oil was down $1.18 today at $76.79.
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 Nov 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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– PDD