All of my indicators remain positive. OPEN came public in May, 2009 and has already doubled. It is an RWB rocket stock, as the weekly chart below shows.
Dr. Wish
T2108 at 81%; Lithium ETF (LIT) continues to shine
Their were 937 new highs in my universe of 4,000 stocks on Thursday, the most since April 26 (969) near the Feb-Apr rally’s peak. The T2108 is at 81% and it was at 80% at the April peak. I am not saying the market is at a peak yet, just that when 23% of stocks hit a new 52 week high in one day, the market is heading toward an extreme…..
Check out LIT, the new lithium ETF. The daily chart below shows it broke out of a recent consolidation.
Market holds through Fed and election; RWB stock: ALTR
It looks like the market has held nicely through the events this week that could have derailed it. I am increasing my positions again. Below is a weekly chart of ALTR, another RWB rocket stock at all-time highs.
