Markets were mostly lower today on more low Holiday Volume. The Tech Stocks were weak on continued Tax Loss Selling at the end of the year. Long term Interest Rates have risen from 3.4% to 3.86%, but the Markets have held up fairly well. The Inverse Bonds Fund (TBT) that we bought is up 10 %, but it is back up in the Red Zone (probably too late to Buy for the short term).
Tesla Stock (TSLA) lost another $35 BILLION in market cap today, but it should be reaching a Selling Climax soon. The Inverse Tesla Fund (TSLQ) that we bought last month made another new High today (if you are still in it.)
Please be patient and wait for Buy Signals for that are still Above the Green Lines. BUYS SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.
_________________________________________________________________________________________________________________
BUYS TODAY 12/27/2022
PDD PINDUODUO INC. Buy Signal today, but PDD will not be Bought or Logged as the Volume is below average of 14 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
BIVI BIOVIE INC. Wait for Money Wave Close > 20 with High Volume.
NTNX NUTANIX INC. 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
AEHR AEHR TESTING SYSTEMS Money Wave must Close in the Green Zone.
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
SELLS TODAY NONE TODAY
________________________________________________________________________
DAY TRADING SETUPS. Look for Triple Buy Pops (3 Green Circles). Movers today: LABD (+8%) VIX (+7%) & 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 $0.39 today at $79.95.
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 Dec 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 Security 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.
Related Post
– BIVI