Markets were lower today after Long term Bonds went back up on Congress shut down Fears. Bonds are now stretched Way Below the Green Line like a rubber band, because of FEAR. The Green Line says that Bonds are about 10% under valued. Bonds should bottom soon to get a good Stock Market rally.
The Leaders & Indices WATCH LIST is small again, but a few are back down near the Green Zones again (probably too late the Sell for the short term).
Now we need to wait for more Buy Signals soon, coming up out of the Green Zones. CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone (LIKE NOW).
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ETF SECTOR ROTATION SYSTEM The 3rd Quarter will end today, and we will Sell all 5 ETF Positions on the Close. The 5 new ETFs to Buy on Monday Oct. 2nd will be SPY – S&P 500 Fund, QQQ – NASDAQ 100 Fund, GDX – Gold Mining Fund, SLV – Silver Fund, and XLE Energy Fund. Or you can replace IWM with GDX and have 20% in each Fund for the monthly rotation.
BUYS TODAY 9/29/2023 NONE TODAY
BUYS TOMORROW
LLY ELI LILLY INC. Wait for Daily Money Wave Close > 20 with High Volume.
SMFG SUMITOMO MITSUI FINANCIAL Wait for Daily 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 NONE TODAY
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
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.
SELLS TODAY
XLE ENERGY STOCK FUND Slipped below the Buy Price and was stopped out even. The Target was already Hit for a 2.9 % Gain.
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DAY TRADING SETUPS. Today 2 trades for $420. Day Trading Alerts are now being sent out on our new Discord Site with Live Chatting. Please install Discord app on your pc or cell for mobile notifications. Also follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Big Movers today: SMCI (+5%) UPST (+6%) & XPEV (+7%). Try out the Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today and are Below the Green Line.
Crude Oil was down $1.87 today at $91.81.
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, 2023
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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– LLY