Monday was 59th day of QQQQ short term up-trend

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The market up-trend rolls on with all indicators at their maximum levels.   There were 607 new highs in my universe of 4,000 stocks on Monday. NOG, the stock I wrote about on Sunday night, rose +4.4% on Monday. IPGP, the stock I wrote about on January 13 at around $38, rose 7% on Monday, to $53.80.   The RWB rocket pattern really works during a   market up-trend!

4 thoughts on “Monday was 59th day of QQQQ short term up-trend”

  1. Hey Jason,

    Look for stocks with at least 25% EPS gain year over year. In addition, it may be a good idea to look for some acceleration in EPS quarter to quarter as well. But again, the stock has to be in a stage 2 (or RWB) in your case. These are just a few ways, but there are many others.

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