Markets were slightly higher today but the Buying was poor. No Sellers, just all Buyers on FOMO (Fear of Missing Out). The panic Buying has slowed down and the S&P 500 was able to make higher highs, but not the NASDAQ 100 or other Indices.
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.
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BUYS TODAY 6/9/2023 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.
SPPI SPECTRUM PHARMA. 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 NONE TODAY
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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%) SHOP (+5%) TSLL (+10%). Try out the Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today but 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.
HAVE A NICE WEEKEND!
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– HMY