Markets were slightly lower today after going up for 5 days in a row. T-Bonds pulled back and caused some selling in Stocks with higher Yields. Most of the Indices are back up in the Red Lines (50-day avgs.) which is Bullish.
T-Bonds went up above the 50-day average, but should go down once soon. Inverse Bond Fund (TBT) was bought today as it Popped up 6 % out of the Green Zone. FEAR is now gone (VIX FEAR Index has dropped big in 4 days) so maybe raise some CASH. The WATCH LIST has only 3 entries in it, so be cautious.
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.
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BUYS TODAY 11/9/2023
TBT INVERSE T-BOND FUND (2 X) Money Wave Buy Signal today, but TBT will not be Bought or Logged as it is already up 5 % today.
TPST TEMPEST THERA. Money Wave Buy Signal today, but TPST will not be Bought or Logged as Earning came out and it shot up 45 % today.
UEC URANIUM ENERGY CO. Money Wave Buy Signal today, but UEC will not be Bought or Logged as the Volume is below average of 9 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
FTI TECHNIP FMC PLC 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
SWN SOUTHWESTERN ENERGY Wait for Daily 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.
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
JBL JABIL INC. EXIT if it is going to Close below the Pink Line of $124.88. This trade was not logged.
LLY ELI LILLY & CO. Target was Hit yesterday $620 for a 5.7 % Gain.
USO US OIL FUND EXIT if it is going to Close below the Green Line of $71.21. Hate to Sell it down here, but USO now breaks the Rules. If you love Oil, maybe wait for a bounce up and Sell around the Pink Line (10-day avg.)
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DAY TRADING SETUPS. Today 2 trades for $1402. 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: AFRM (+15%) MARA (+12%) & LABD (+12%). 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 up $0.24 today at $75.57.
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 Nov 1, 2023
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.