Markets were higher today as the FED said everything needed to keep the Markets from breaking Support and causing a big Sell off from raising Rates 1/2 point. This Market decline was another example of why Buying on FEAR usually works, as Tammy got Flushed out near the lows once again listening to the Media.
Now the S&P 500 Index needs to get back Above the Green Line soon to remain Bullish. This is currently a weak Market, so the FED only raised 1/2 point now. Now we will wait to see if Long Term Interest Rates come down from the FED putting on the brakes of the Economy.
New Subscribers: Now the FED Meeting is over. There were a few more more Money Wave Buy Signals today. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone.
BUYS TODAY 5/4/2022
XLP CONSUMER STAPLES FUND Money Wave Buy today. Target is $80. EXIT if it is going to Close below $75.49.
XLU UTILITIES FUND Money Wave Buy today. Target is $76. EXIT if it is going to Close below $69.64.
BTU PEABODY ENERGY CORP. Money Wave Buy today, but BTU will not be Bought or Logged as it is already up 5 % 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 – SWING TRADING STOCKS 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.
VERU VERU INC. Wait for Money Wave Close > 20 with High Volume.
BRCC BRC INC. (BLACK RIFLE COFFEE) Relative Strength is below 90. AVOID.
GDX GOLD MINERS FUND Buy above $36.09 with High Volume with a 5% Trailing Sell Stop Loss below it.
SBS COMPANHIA de SANEAMENTO (WATER) Buy above $9.32 with High Volume with a 5% Trailing Sell Stop Loss below it.
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
SELLS TODAY
MOS MOSAIC INC. Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!)
SARK INVERSE ARKK INNOVATION FUND EXIT if it is going to Close below the Pink Line around $58.90. The Target Hit was already Hit at $54 for a 18 % Gain.
XLE ENERGY STOCK FUND Target was Hit at $80 today for a 6.9 % Gain.
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DAY TRADING SETUPS. A few Triple Buy Pops today: HUSA (+10%) SOXL (+11%) & TQQQ (+10%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up slightly today, and are Way Below the Green Line.
Crude Oil was up $5.52 today at $107.93. _________________________________________________________________________________________________________________
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated May 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 Investment 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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– XLP