Markets were mixed today, after rallying up in the morning. Eventually long term Interest Rates perked back up and Bond prices fell. The Leaders and Indices are quickly back up in the Red Zones (probably too late to Buy for the short term) so the Market needs to rest. Also the WATCH LIST is small with only 3 names on it, so please be patient and Wait. Buying interest on Stocks is low until Interest Rates top out.
Please be patient and wait for Buy Signals for that are still Above the Green Lines. SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.
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BUYS TODAY 3/6/2023
JXN JACKSON FINANCIAL INC. Money Wave Buy Signal today, but JXN will not be Bought or Logged as the Volume is below average of 1.1 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
STNG SCORPIO TANKERS 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
PTGX PROTAGONISTS THERA. 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.
SELLS TODAY
ON ON SEMICONDUCTOR Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!). This trade was not logged.
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DAY TRADING SETUPS. Follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Movers today: LABD (+7%) YPF (+6%) & TZA (+5%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today and are Below the Green Line.
Crude Oil was up $0.79 today at $80.47.
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 Mar 1, 2023
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.
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– JXN
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