Money Wave Alert! Nov 6, 2024

POST UPDATED: November 6, 2024

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TSLA chart
The Target was Hit on Tesla Inc. $TSLA for a 13.2 % Gain.

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11/6/2024  The Markets were sharply higher today on the hope of a deregulated Economy, after the Election last night. Stocks Gapped Up and quickly hit some of our Targets as the Indices made higher highs on Good New & panic buying.

Many of the Leaders & Indices bounced up nicely after being down in the Green Zones yesterday (probably too late to Sell for the short term). 

Bonds Gapped Down today and made lower lows and Long term Interest Rates rose from 3.9 % to 4.65%.

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 (like now). 

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BUYS TODAY   11/6/2024    

APLD      APPLIED DIGITAL CORP.     Swing Trade Buy today, but APLD is already up 11 % today (2 Star Trade). 
IONQ       IONQ INC.      Swing Trade Buy today, but IONQ is already up 8 % today (2 Star trade).    

BUYS TOMORROW     

EVGO       EVGO INC.        Wait for Daily Money Wave Close > 20 with High Volume. 

GEVO      GEVO INC.       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  

SLV      SILVER FUND      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         

GDX      GOLD MINERS FUND      EXIT if it is going to Close below Support of  $39.50.

QQQ      NASDAQ 100 FUND      The Target was Hit at $500.56 for a 1.6 % Gain.          
TSLA     TESLA INC.        The Target was Hit at 284.67 for a 13.2 % Gain.
XLF      FINANCIAL FUND        Target was Hit at $49.04 for a 5 % Gain.

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DAY TRADING SETUPS.  Today we had 14 trades for $2.203 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: LUMN + 18 %, HOOD +20%,  WULF + 22%.   

BANANA HUNT TRADING CHARTS.

Bonds were down today and are Below the Green Line.  
Crude Oil was down $0.02 today at $71.97.   

NEW! TOP PICK OF THE WEEK!

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Updated TOP 100 LIST Updated Nov 1, 2024  

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).

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