Markets were slightly lower today as the Tech and Semiconductors had normal profit taking and Volume was very low. Now the Red Lines (50-day avgs.) need to become Support for the Indices to have further Market rallies. Semiconductors are hoping for another $52 Billion of money from Congress.
Many are hoping that the Markets have bottomed, but most investments are still Below the Green Lines (Bearish) and could have trouble getting back above the Green Lines until the FED starts Printing again. The next Resistance is the Green Lines for the Indices (above 4201 on the S&P 500 Index).
Please be patient and wait for Buy Signals for Investments 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 7/25/2022
MRK MERCK & CO. Money Wave Buy today, but MRK will not be Bought or Logged as the Volume was below average of 11.5 MIL.
PSQ INVERSE NASDAQ 100 FUND Money Wave Buy today, but PSQ will not be Bought or Logged as the Volume was below average of 28 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.
LI LI AUTO INC. Wait for Money Wave to Close > 20 with High Volume.
SH INVERSE S&P 500 FUND Buy above $15.89 with High Volume with a 3% Trailing Sell Stop Loss below it.
BUYS SOON
CTIC CTI BIOPHARMA Wait for Money Wave to Close > 20 with High Volume.
TBT INVERSE T-BOND 2X FUND Buy above $26.60 with High Volume with a 3% Trailing Sell Stop Loss below it.
VERU VERU INC. Wait for Money Wave to 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).
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SELLS TODAY NONE TODAY
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DAY TRADING SETUPS. A few Triple Buy Pops today: HUSA (+9%) SIGA (+32%) & SOXS (+5%). 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 up $1.97 at $96.67.
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 Jul 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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– MRK