Markets were finally higher today as long term Interest Rates and the US Dollar dropped. Short Sellers were covering, and there was mild Buying of the over-sold Markets. “Weak hand” investors were Flushed out on FEAR. We like to Buy on FEAR, and the WATCH LIST was large. The major Indices are still weak, but many Leaders have corrected down near the Green Zones (probably too late to Sell for the short term).
There were several Money Wave Buy Signals today, and several popped up more than the 3% maximum that we like to see on the day of the Buy Signal. Maybe you were able to Buy some earlier on Triple Buy Signals.
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 9/7/2022
ICLN CLEAN ENERGY FUND Money Wave Buy today. Target is $23.50. EXIT if it is going to Close below $21.27.
AEHR AEHR TEST SYSTEMS Money Wave Buy today, but AEHR will not be Bought or Logged as it is already up 8% today.
PLUG PLUG POWER INC. Money Wave Buy today, but PLUG will not be Bought or Logged as it is already up 6.5% today. Maybe Buy tomorrow at a lower price.
VERU VERU INC. Gapped Up 10 % today above $15.48, then Failed. AVOID.
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
ENVX ENOVIX CORP. Wait for Money Wave Close > 20 with High Volume.
SIGA SIGA TECH. Wait for Money Wave Close > 20 with High Volume.
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
ASTS AST SPACEMOBILE INC. Wait for Money Wave Close > 20 with High Volume.
OXY OCCIDENTAL PETE. 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).
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SELLS TODAY NONE TODAY
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DAY TRADING SETUPS. A few Triple Buy Pops today: BBBY (+14%) BNGO (+5%) LABU (+12%) SOXL (6%) & TQQQ (+6%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today buy are Way Below the Green Line.
Crude Oil was down $4.61 today at $82.27.
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 Sep 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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– ICLN