Posts Tagged ‘ Judy’s Picks ’
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There were 3 new highs and 106 new lows in my universe of 4,000 stocks on Wednesday. The QQQQ completed the 17th day of its short term down-trend. It would have to rise a lot more to begin a new up-trend. Still, I cannot resist buying an occasional strong stock during a counter trend rally. [...]
The GMI and GMI-R have been zero since Tuesday’s close. There were 3 new highs and 424 new lows in my universe of 4,000 stocks on Wednesday. The Worden T2108 Indicator is now 21% and heading down from the reading of 89% on January 6. In the November swoon, this indicator bottomed at 1.2%. So [...]
As you know, when I try to trade the trend of the QQQQ, I buy QLD (ultra long) or QID (ultra short) ETF’s. These ultra ETF’s are designed to move twice as much as the underlying index they track. Well, less well known is that there now exist 3x ETF’s, designed to move three times [...]