Markets were mostly lower again today as long term Interest Rates made higher highs, and many Tech Stocks made new lows. However, the broad Market held up as the US Dollar is struggling back up this time. Stocks don’t look like they will bounce much until the US Dollar and long Term Interest Rates quit making new highs and start correcting back down towards the Green Lines. We are not Selling our strong stock positions on this emotional FEAR FLUSH. Please Lower Sell Stops…
Please be patient and wait for Buy Signals for Securities that are still Above the Green Lines. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone.
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BUYS TODAY 10/10/2022 NONE TODAY
BUYS TOMORROW
CPRX CATALYST PHARMA. Wait for Money Wave Close > 20 with High Volume.
ENPH ENPHASE ENERGY Wait for Money Wave Close > 20 with High Volume.
FSLR FIRST SOLAR INC. Wait for Money Wave Close > 20 with High Volume.
HRB H&R BLOCK Wait for Money Wave Close > 20 with High Volume.
GERN GERON CORP. Wait for Money Wave Close > 20 with High Volume. (2nd Buy Signal soon).
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.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS SOON
SIGA SIGA TECH. Buy above $11.25 with High Volume with a 5% trailing Sell Stop Loss below it.
TCRT ALAUNOS THERA. 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
ENVX ENOVIX CORP. EXIT if it is going to Close below the Pink Line around $18.92. This trade was not logged.
OXY OCCIDENTAL PETE. Slipped Below the Buy Price of $66.80 and was Stopped Out even. The Target was already Hit at $72 for a 7.8 % Gain.
SAVA CASSAVA SCIENCES LOWER the Sell Stop Loss below $34.77 until it bottoms. The Relative Strength is still 96.
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DAY TRADING SETUPS. A few Triple Buy Pops today: AMC (+6%) SQQQ (+5%) & SOXS (+13%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today and are Way Below the Green Line.
Crude Oil was down $1.81 today at $90.83.
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, 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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– CPRX