The possibility of Solar stocks going up could be high if Congress passes the Renewable Energy Bill.Markets were lower today as the Indices were back up in the Red Zones (probably too late to Buy for the Short Term) and are over-bought. The strong US Dollar and Interest Rates should go up once more to re-test the Highs, and Tech Stocks probably won’t like that.
The major Stock Indices are up near the Green Lines with low Relative Strength, could possibly Fail and go back down again to relieve the over-bought condition. Look for a Higher Low next time down.
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 8/2/2022
VERU VERU INC. Buy above $12.53 with High Volume with a 5% Trailing Sell Stop Loss.
BUYS TOMORROW – SWING TRADING STOCKS
TBT INVERSE T-BOND 2X FUND Buy above $24.40 Woodland with High Volume with a 3% Trailing Sell Stop Loss below it.
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.
BUYS SOON
BTU PEABODY ENERGY Wait for Money Wave to Close > 20 with High Volume.
UUP US DOLLAR FUND 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
AR ANTERO RESOURCES EXIT if it is going to Close below the Pink Line around $38.42. This trade was not logged.
DBC COMMODITY INDEX TRACKING FUND EXIT if it is going to Close below the Pink Line of $25.56. This trade was not logged.
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DAY TRADING SETUPS. A few Triple Buy Pops today: AMC (+8%) MARA (+6%) RBLX (+7%) & SIGA (+7%) . 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 $1.70 at $95.59.
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 Aug 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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– VERU