Markets rallied today on the Bad News of the Federal Reserve raising Short Term Interest Rates by 3/4 %. And good news for Smart Money is that only 6% of stocks in the S&P 500 Index are currently above the 50 Day Average, the lowest number since the pandemic (see Chart above). This tells us that most of the stocks have tanked, and history shows that Smart Money uses that as an opportunity to buy.
The Strongest Leaders below are back down to the Green Zones (probably too late to Sell for the Short Term) for more Money Wave Buy Signals soon. Hopefully you have some Cash to Buy the Leaders.
The Markets and most Investments are weak (Below the Green Lines), so please be patient wait for more Money Wave Buy Signals. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone (Now in the Green Zone).
BUYS TODAY 6/15/2022
MOS MOSAIC CO. Money Wave Buy today, but MOS will not be Bought or Logged as the Volume is below average of 8.6 MIL.
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.
OXY OCCIDENTAL PETROLEUM CORP Wait for Money Wave Close > 20 with High Volume.
PBR PETROLEO BRASILEIRO (PETROBRAS) Wait for Money Wave Close > 20 with High Volume.
SBLK STAR BULK CARRIERS Buy above $27.17 with High Volume with a 5% Trailing Sell Stop Loss below it.
SIGA SIGA TECHNOLOGIES Buy above $10.66 with High Volume with a 5% Trailing Sell Stop Loss below it.
BTU PEABODY ENERGY Wait for Money Wave Close > 20 with High Volume.
GOGL GOLDEN OCEAN GROUP Wait for Money Wave Close > 20 with High Volume.
MRK MERCK AND CO Wait for Money Wave Close > 20 with High Volume.
SWN SOUTHWESTERN ENERGY CO Wait for Money Wave Close > 20 with High Volume.
XLE ENERGY SELECT SECTOR 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.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
SELLS TODAY NONE TODAY
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DAY TRADING SETUPS. A few Triple Buy Pops today: AMC (6.12%) RBLX (8.04%) & SOXL (+8%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today, but are still Way Below the Green Line.
Crude Oil was down $2.87 at $116.06.
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 Jun 3, 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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– MOS