Buy BAC and PLTR Today - Make $15K/mth from Stocks Challenge #220301
Is it a good day to buy stocks today?
Look at the S&P 500 hourly chart...
👉 From today, give up on this signal. Every trading day is good to buy stocks. Delete this strategy tomorrow.
- Is the 10 SMA above the 30 EMA?
- Is Williams %R (3) less than -80 (oversold)?
- Is the ADX momentum indicator above 25?
If one is Yes, buy!
What stocks to buy?
- Buy DJIA and S&P500 stocks. undervalued PEG less than 1.5, uptrend above 200MA, when going down and about to bounce...
- https://finviz.com/screener.ashx?v=111&f=fa_peg_u2,idx_sp500,ta_perf_1wdown,ta_sma20_pb,ta_sma200_pa&ft=4
- Double confirm for UNDERvaluation here...
- https://simplywall.st/dashboard
- Buy if undervalued more than 30%.
- Experiment - Scroll through yahoo stock 1- year chart intervals from 1 day to 15 min to forecast supertrend signal.
👉 BAC. 30% undervalued. Queued. Done at $43.53.
👉 HPQ. 37% undervalued. Not today. May go lower to bounce at support $32.
👉 PLTR. 21% undervalued. Queued at $11.80. Done.
Which stock to sell?
- Check for OVERvaluation here...
- https://simplywall.st/dashboard
- Sell if overvalued.
👉 Nothing currently to Sell.
Until tomorrow.
May the markets be with you!
~ The Rookie Trader
PS: I would like to thank the following...
- For the charts... https://finance.yahoo.com/
- For all in one... https://j.moomoo.com/00gxKc
- For the scanner... https://finviz.com/
- For the valuation... https://simplywall.st/
- For the course... https://www.swing-trade-stocks.com/
Note to self:
- Late April to early May - Buy on dip
- May - Sell and go away
- August - Strong month,
- September - Bad month for stocks.
- November - Reinvest
- Sell immediately if price spikes on news.
- Remove emotion from the equation.
- War news. Buy stocks in oil, gold and weapon industries. They go up while the rest go down.
- How to recover from stock market losses? How to recover my money lost? How to win my trading losses back? The best way to recover after losing money in the stock market is to invest again.
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Find my CapitaLand stocks. Record new stocks properly. Consolidate old stocks. Sell old stocks beyond a certain age. Keep only 20 manageable stocks.
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