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The Top Pick of the Week: IAMGOLD CORP $IAG was down this week, So we will not Sell it until the Close next Friday. The Gold Miners should try the recent s highs soon.
May 2, 2025 Today the Nasdaq showed Gentle upside momentum, signaling a positive shift in overall market sentiment. Inverse funds and gold continued to dip further, suggesting an ongoing correction that could hint at an accumulation phase. SPY also moved higher, reinforcing the bullish tone, while a surprising rally in Chinese stocks pointed to easing trade war concerns. These are encouraging signs, but caution is still warranted as inverse funds could rebound. Overall, the market performed well, and we’ll be holding our Top Pick of the Week, IAG (TPOW), for another week.
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 5/2/2025 NONE TODAY
BUYS SOON
GDX Gold Miners ETF Money Wave Must Close in the Green Zone.
HTZ HERTZ GROUP Wait for next Daily Money Wave Close > 20 with High Volume.
RWM INVERSE SMALL CAP FUND. Wait for next Daily Money Wave Close > 20 with High Volume.
UAMY US ANTIMONY CORP. Money Wave Must Close in the Green Zone.
Shop for a better price earlier in the day with Green Candle Buy Signal, on the same day that a Daily Money Wave Buy Signal will occur.
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
HIMS HIMS & HERS HEALTH Target was Hit at $39.90 with a 42% Gain (Long term portfolio only).
GEO GEO GROUP INC. Slipped down to the Buy Price and was Stopped Out even.
KC KINGSOFT CLOUD Slipped down to the Buy Price and was Stopped Out even.
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DAY TRADING SETUPS. Today we had 8 scalp trades for nice Gains at our Trading Room. In this Emotional Market now, Day Trading Alerts are not being sent out on our Discord Site with Live Chatting. Please install Discord app on your PC or cell for mobile notifications. Check out our Live Stream.
Or look for Green Candle Buy Pops (Red Candle turns Green). Big Movers today: HIMS +12% SMMT +17% & VNET +15%
Bonds were down today and are Below the Green Line.
Crude Oil was up $0.95 today at $58.28.
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Updated TOP 100 LIST Updated May 1, 2024
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