Blog Post: Day 32 of QQQ short term up-trend; GMI=5 (of 6) and GREEN. 15 of 62 stocks reaching ATH on Friday were semiconductors. They lead again and 5 had a GLB! See list and note earnings release dates.

Theses 15 stocks traded at an ATH (all-time high) on Friday. Five had a GLB last week:  NVTS, NXPI, GFS, ALAB, SKYT. Check them out and draw in their green lines according to the rules I specified at my recent presentation to the MoneyShow. Any that CLOSE below their green line, I would consider to be a failed GLB.

The GMI remains relatively strong, for now.