Money Wave Alert! Oct 23, 2024

POST UPDATED: October 23, 2024

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Swing Trade Buy today on ADMA BioLogics $ADMA.

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10/23/2024  The Markets were lower today as the weight of the heavy Bond selling dropped the confidence on Stocks. The S&P 500  & DOW 30 Indices slipped below the Pink Lines (10-day avgs.) to create short term Sell Signals, but the Selling was mild. The S&P 500 & DOW 30 Indices were back up near the Red Zones (probably too late to Buy for the short term). The S&P 500 has important Support at 565.

Bonds are down below the Green Line, keeping Stocks from rallying (higher long term Interest Rates). Long term Interest Rates rose from 3.9 % to 4.51%,

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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BUYS TODAY   10/23/2024     

ADMA      ADMA BIOLOGICS       Swing Trade Buy today, but the Volume is not high (2 Star trade).

BUYS TOMORROW     

CLOV       CLOVER HEALTH      Wait for Daily Money Wave Close > 20 with High Volume.     

VST      VISTRA ENERGY      Wait for Daily Money Wave Close > 20 with High Volume. 

ZETA      ZETA GLOBAL HOLDINGS      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        

AAOI      APPLIED OPTOELECTRONICS       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        NONE TODAY         

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DAY TRADING SETUPS.  Today we had 10 trades for $990 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: SQQQ + 6%, LABD +6%,  UVXY + 11%.   

BANANA HUNT TRADING CHARTS.

Bonds were down today and are Below the Green Line.  
Crude Oil was down $0.80 today at $70.94.   

NEW! TOP PICK OF THE WEEK!

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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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