GMI: 1; GMI-R: 3; 36th day of QQQQ down-trend; ALNY

The GMI fell back to one (of 6) and the GMI-R to 3 (of 10).  There were 53 new highs and 63 new lows in my universe of 4,000 stocks on Wednesday.  The QQQQ is right on resistance.  We need to wait to see if it can break through. ALNY, one of Judy’s favorites, rose 5% on Wednesday.  I own a few shares of ALNY.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.