SPY chart
The S&P 500 Index (SPY) continues to stretch Way Above the Green Line.
SWING TRADING (SHORT TERM)
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Markets were higher again today as the Techs & Semiconductors were strong. The NASDAQ 100 Fund (QQQ) made a slightly higher high for the rally to continue, but the Volume was low. The Relative Strength has really dropped on Big 7 Stocks.  

The Leaders and Indices are still extended for the short term, on FOMO Buying (Fear of Missing Out). Most of the Indices are now slowly coming down from the Red  Zones (probably too late to Buy for the short term).  

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   12/12/2023    NONE TODAY

BUYS TOMORROW               

BRFS      BRF FOODS SA      Wait for Daily Money Wave Close > 20 with High Volume.

METC      RAMACO RESOURCES      Wait for Daily Money Wave Close > 20 with High Volume.

TBT      INVERSE T-BOND FUND (2X)       Buy above $34.56 with High Volume with a 3% Trailing Sell Stop Loss below it.   

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                        

BRZE      BRAZE INC.     Money Wave must Close in the Green Zone. 

STNE      STONECO LTD.      Money Wave must Close in the Green Zone.      

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             

APP    APPLOVAN CORP.      EXIT if it is going to close below Support of $36.30. This trade was not logged.     

TAL      TAL EDUCATION GROUP      The Target was Hit at $12.40 for a 6.4 % Gain.

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DAY TRADING SETUPS.  Today 0 trades for $0.00. 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:  TAL (+6%) LABU (+5%) & TPST (+13%). 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 $2.62 today at $68.70.

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New TOP 100 LIST Updated Dec 1, 2023

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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