51st day of QQQ short term up-trend; Judy likes $RGLS

GMI6/6
GMI-28/9
T210859%

When all of my holdings are rising quickly, I know it is time to look for at least a pause.   I am trying to hold my call options through option expiration on Friday and the stocks I own until the following week when mutual fund window dressing will likely end. For now, I will enjoy the ride….

Meanwhile, my brilliant stock buddy, Judy, has posted a comment (to yesterday’s post) about $RGLS.   RGLS is related to $ALNY and $ISIS, two stocks Judy has liked for a long time.   She thinks RGLS deserves a look, but it may be bought later at a better price. RGLS is down from an all-time high of 12.89 last July.   It would at least have to trade above its 30 week average (red line, currently 8.65) for me to become interested.   But over the years, many of the stocks Judy has bought early eventually became huge winners. Check out this weekly chart of RGLS:

RGLSweekly12232013Have a happy holiday!

$AAPL to set the tone on Monday; $SLXP looks interesting: $NVAX keeps soaring

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GMI-28/9
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I bought more AAPL on Friday because the stock is in an up-trend and found support again at its 30 day average.   With the announcement Sunday night of the long expected deal between AAPL and China Mobile, I suspect the QQQ and other tech stocks will rally strongly. (With end of quarter window dressing in play, the strongest stocks should rally anyway.)   Note the two recent times that   AAPL has found support at its 30 day average. I suspect AAPL could next approach the upper Bollinger Band, around $570.

AAPL12222013

Another up-trending stock I noticed that has bounced off of support is SLXP.   It broke out above its green line top (all time high) with huge volume and has now consolidated and found support at its 30 day average. It may have begun a BB expansion on Friday. I may buy some SLXP Monday, with a sell stop around $84.59.

SLXP

Meanwhile, somebody is buying NVAX. Look at the huge up volume (black) spikes.

NVAX12222013Here is the GMI table.   All of my indicators are positive.

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