Money Wave Alert! Oct 7, 2024

POST UPDATED: October 7, 2024

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FEAR chart
The FEAR Index is High, and that is when we like to Buy ($VIX).

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10/7/2024  The Markets were lower today as Bonds dropped more and Crude Oil prices surged. The S&P 500 & NASDAQ 100 Funds were becoming over sold on the short term. The FEAR is High now, and that is when we like to Buy soon. The S&P 500 has important Support at 565.

Wait for more Buy Signals 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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NEW! TOP PICK OF THE WEEK!     Today we bought the First Pick: Summit Thera. $SMMT on the Opening, and will Sell on Friday’s Close.

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BUYS TODAY   10/7/2024     NONE TODAY

BUYS TOMORROW     

LUNR        INTUITIVE MACHINES      Wait for Daily Money Wave Close > 20 with High Volume. 

NGD      NEW GOLD INC.      Wait for Daily Money Wave Close > 20 with High Volume. 

GDX      GOLD MINER FUND        Wait for Daily Money Wave Close > 20 with High Volume.   

YOU       CLEAR SERVICE INC.      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        

ZIM      ZIM SHIPPING      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                 

MO       ALTRIA GROUP       EXIT if it is going to Close below Support of $49.92.     

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DAY TRADING SETUPS.  Today we had 6 trades for $560 at our Trading Room. Day Trading Alerts are now being sent out on our Discord Site with Live Chatting. Please install Discord app on your PC or cell for mobile notifications.     

Or look for Triple Buy Pops (3 Green Circles). Big Movers today: TSLQ +7%, HIMS +12%,  SERV +15%.   

NEW!   BANANA HUNT TRADING CHARTS.

Bonds were down today and are Above the Green Line.  

Crude Oil was up $2.87 today at $77.25.   

NEW! TOP PICK OF THE WEEK!

MY TRADING DASHBOARD 
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
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STAGE CHART INVESTING
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ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
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ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated Oct 1, 2024  

Important Links

Top 100Stage Chart InvestingCNN Fear & Greed Index
Dividend Growth PortfolioETF Sector PortfolioDogs of the Dow
Long Term StrategyStage Chart InvestingArticles

* Safer Trades that meet ALL three criteria will be classified as 3 STAR, while trades that only meet two of the three criteria will be flagged as 2 STAR (more risk).

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