Markets were higher again today as Value Investors are buying the weaker stocks that are coming off the bottom, but are Below the Green Lines. There can be some nice “bottom fish” pops up off the lows, but many times the weak investments will have to go back down again. So this style of investing is like “sailing into the wind’ and can have more risk (more sellers than Buyers).
Investments Above the Green Line generally have more Buyers than Sellers (less risk). But currently the Watch List only has 4 investments on it, so we must Wait and not let our Greed lure us into buying weaker investments.
Many are hoping that the Markets have bottomed. The Indices are currently over-bought (probably too late to Buy for the Short Term). 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 7/28/2022 NONE TODAY
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.
VERU VERU INC. Wait for Money Wave to Close > 20 with High Volume.
BUYS SOON
DLTR DOLLAR TREE INC. Money Wave must Close in the Green Zone.
TBT INVERSE T-BOND 2X FUND Buy above $25.16 with High Volume with a 3% 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).
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SELLS TODAY
PSQ INVERSE NASDAQ 100 FUND EXIT if it is going to Close below Support of $13.06. This trade was not logged.
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DAY TRADING SETUPS. A few Triple Buy Pops today: MARA (+7%) & SIGA (+21%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today, but are Way Below the Green Line.
Crude Oil was down $0.30 at $96.96.
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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– LI