In spite of the AAPL decline, it looks to me that the QQQ is in the beginning of an up-turn. A close of the QQQ below 56 would change my assessment. Meanwhile, GLD would appear to be topping if it closes below 156.
COST (Costco) appears to be in a strong Stage 2 up-trend, as long as it remains above $79. (Click on chart to enlarge.) The weekly GMMA shows it to be an RWB stock and emerging from a base. I own COST.
