Dr. Wish

I have been writing about ONVO   since January 18, when it was around $4.28.   It is the primary company in the area of 3D printing of human tissues.   While ONVO is very speculative, I hold a small position in case it is successful.   There is a lot of volume coming into it of late because of some terrific liver test results recently released. Note the huge daily up volume recently and the Bollinger Band break-out. Click on chart to expand.

For the past two years   the Dark Liquidity site has been tracking the performance of the GMI compared with other strategies.   The strategy that uses the GMI to buy and sell the leveraged 2X QQQ ETF has consistently beaten all other strategies.   Check out the GMI components and the buy and sell signals there too. A link to the site (http://dark-liquidity.com/) also appears to the lower right of my site.   I use the GMI to time positions in the 3X QQQ ETF, TQQQ. Past performance is no guarantee of future performance, but it has worked prospectively for me.

Not all green line break-outs succeed. I was stopped out of ARMH on Tuesday.   Meanwhile, BIIB broke above its green line again. IBD recently wrote about BIIB. Will it hold this time? (Click on chart to enlarge.)

T2108 broke 80% on Tuesday.   The market is becoming over-bought. Check out this weekly chart of T2108.

I just noticed an article by perma-bear Paul Farrell talking about a huge roaring 20’s type of bull market. I thought it was an April Fools stunt because he has been writing hysterically about an economic and market collapse for some time.   Is this for real?   Could his conversion to the bull side be a major sign of a coming market top????   Or is this all just a journey into sarcasm with Paul predicting a 1929 style crash?

ARMH came up in my TC2000 alert as a green line break-out early Monday.   I bought some.   ARMH makes components in Apple hardware and its rise may be related to Apple’s product announcements scheduled for Tuesday. ARMH also reports earnings before the open on Tuesday. Note Monday’s above average volume.

SXL also had a green line break-out, but it appeared to me to be less impressive.