Dr. Wish

Blog Post: Day 3 of $QQQ short term up-trend; 52 US new highs and 35 lows; $QQQ closed above its descending trend line, will it hold? Recent IPO $SKWD gaps up to ATH, see charts

@ 9:59 pm
GMI3/6
GMI-26/9
T210845%

I tweeted out intraday Tuesday when SKWD gapped up to an ATH after releasing earnings.  You might follow my tweets, @WishingWealth. Note the volume, which was reflected in TC2000 by the volume buzz. The monthly chart shows that it was a recent IPO.

It has not consolidated long enough to form a green line top. Earnings are expectewd to be up 71% in 2023 and it has an IBD comp rating=98. The “Ns” represent days I recorded a note in TC2000 after a purchase.

Blog Post: Day 1 of new $QQQ short term up-trend; GMI=4 and could turn Green on Monday; 103 US stocks at new highs and 19 at lows; Focusing on stocks at ATH, see list of 6 with a GLB on Friday

@ 6:53 pm
GMI4/6
GMI-26/9
T210852%

These six stocks on my IBD/MS lists had a green line break-out (GLB) to an ATH on Friday and should be researched. Stocks that have a GLB early in an up-trend may turn out to be true market leaders.

The GMI is now at 4 (of 6) and could turn Green on Monday. QQQ and SPY have closed back above their 10 week averages.