QQQ Chart
The NASDAQ 100 Fund (QQQ) bounced up off the 10-day avg.

SORRY FOR THE EMAIL DELAY – INTERNET POWER FAILURE

Markets were higher today after 2 days of mild profit taking. The panic Buying has slowed down and the strongest Indices (NAZ 100 & S&P 500) need to make higher highs for the rally to continue. 

The Leaders and Indices are currently over bought and up in the Red Zones (probably too late to Buy for the short term). Volume has been very low, so be patient and WAIT for Buy Signals..

Please be patient and wait for Buy Signals for ones 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. 

__________________________________________________________________________

BUYS TODAY   6/8/2023     NONE TODAY   

BUYS TOMORROW                   

HMY      HARMONY GOLD MINING  Buy above $4.80 with High Volume with a 3% Trailing Sell Stop below it.     

SNPS       SYNOPSYS  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                  

AAPL      APPLE INC.        Money Wave Must Close in the Green Zone.     

AVGO      BROADCOM INC.      Money Wave Must Close in the Green Zone.

ASRT      ASSERTIO HOLDINGS      Buy above $6.30 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.   

SELLS TODAY        NONE TODAY           

_________________________________________________________________________

DAY TRADING SETUPS.  We have a new Discord Site for Live Chatting. Follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Movers today:   PLTR  (+6%) UPST (+15%) TGTX  (+7%). Try out the Side by Side layout.      

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were down today and are Below the Green Line.  

Crude Oil was down $0.44 today at $70.85.

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 Jun 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.

Related Post

AVGO

Leave a Reply