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The dollar is in a major RWB up-trend, as shown by UUP.
A reader asked me whether at the end of a major market decline I still look for green line break-outs. Absolutely! After a major decline there are few stocks at all-time highs. That is where the new leaders are. In March of 2009, I spotted GMCR breaking above its green line top to an all-time […]
If you watched 60 Minutes on Sunday night you know why LL fell out of bed on Monday, down -25%. But should anyone have been holding LL stock recently? My students would have probably been out of LL simply by looking at a weekly chart and applying Weinstein’s Stage Analysis technique. LL was below its […]
11 stocks came up on my new high with good fundamentals scan: Check them out.
TSLA has a troubling GMMA chart. As does SNDK:
Twelve stocks came up in my new high and great fundamentals scan. All of these stocks have RWB rocket patterns and are worth researching. All but BMA are at all-time highs. I own two of them.
AAPL remains in an RWB rocket pattern. As does its supplier, SWKS. Both are above their green line, all-time peaks.
My indicators remain all positive.
GMI is back to 6 (of 6).
This daily chart of TLT, the ETF of the 20 year treasury bonds, is showing possible signs of the long awaited bottom in interest rates. As is IEF, the ETF for the 7-10 year treasury bonds. The price of bonds falls as investors fear a rise in interest rates.