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	$128.03	268.01%
META	1/23/24	$384.33	$595.54	54.96%
APP	9/17/24	$116.09	$339.96	192.84%
COST	12/11/23	$615.27	$940.00	52.78%
GDDY	11/22/23	$93.75	$204.04	117.64%
WING	11/15/23	$223.77	$287.11	28.31%
CAVA	4/22/24	$58.10	$117.15	101.64%
CAH	11/3/23	$95.45	$116.98	22.56%
PGR	10/13/23	$149.87	$240.14	60.23%
ANF	12/18/23	$85.77	$150.74	75.75%
MPTI	10/9/23	$21.00	$49.85	137.38%
PANW	8/21/23	$213.61	$187.56	-12.20%
NVO	8/8/23	$86.49	$86.54	0.06%
CBOE	8/4/23	$138.54	$193.87	39.94%
VST	8/4/23	$27.96	$138.81	396.46%
MOD	8/3/23	$37.62	$116.66	210.10%
VRT	8/2/23	$28.80	$117.77	308.92%
PSN	8/2/23	$50.15	$93.87	87.18%
PHM	4/25/23	$63.90	$109.54	71.42%
CRS	4/23/24	$79.66	$170.51	114.05%
IBKR	2/9/24	$95.59	$177.07	85.24%
BX	10/11/24	$149.78	$171.32	14.38%

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