10th Day of QQQQ Down-trend; Markets ominous; AAPL weakening

Wednesday, May 19, 2010Wednesday, May 19, 2010 @ 7:00 am by Dr. Wish

GMI1/6

GMI-R2/10

T210823%

The markets look like they are in sustained down-trends. This is the time to be short or in cash. Longer term trends still up–for now…………

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Selected stocks that have had a successful recent Green Line Breakout (GLB). One can really profit by buying stocks breaking out to all-time highs after a consolidation of 3 months or more, my GLB Setup.

Sym.	Date	GLB $	Now $	Chg.
FTAI	10/26/23	$34.79	$172.45	395.69%
META	1/23/24	$384.33	$558.58	45.34%
APP	9/17/24	$116.09	$333.04	186.88%
COST	12/11/23	$615.27	$964.12	56.70%
GDDY	11/22/23	$93.75	$195.72	108.77%
WING	11/15/23	$223.77	$337.05	50.62%
CAVA	4/22/24	$58.10	$146.78	152.63%
CAH	11/3/23	$95.45	$122.40	28.23%
PGR	10/13/23	$149.87	$265.66	77.26%
ANF	12/18/23	$85.77	$151.51	76.65%
MPTI	10/9/23	$21.00	$63.37	201.76%
PANW	8/21/23	$213.61	$378.46	77.17%
NVO	8/8/23	$86.49	$105.41	21.88%
CBOE	8/4/23	$138.54	$212.12	53.11%
VST	8/4/23	$27.96	$161.72	478.40%
MOD	8/3/23	$37.62	$143.96	282.67%
VRT	8/2/23	$28.80	$140.95	389.41%
PSN	8/2/23	$50.15	$99.44	98.29%
PHM	4/25/23	$63.90	$129.38	102.47%
CRS	4/23/24	$79.66	$190.00	138.51%
IBKR	2/9/24	$95.59	$191.65	100.49%
BX	10/11/24	$149.78	$198.33	32.41%

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