Dr. Wish

I ran my TC2000 New High and Good Fundamentals Scan Wednesday night and it came up with 7 stocks.   AMGN was one of them and when I drew my green line chart, I was surprised to learn that AMGN has broken to an all-time high.   It recently broke through the top it made in 2005.   AMGN may be worth researching.   Look at this monthly green line chart. I actually wrote about AMGN in my July 31 post as it came close to breaking out.

The averages held on Tuesday.   This new up-trend may have legs. GMI is back to 6.

This has been a very weak up-trend.   Over the 10 days since the short term up-trend began, the QQQ has advanced +.25%.   In spite of this, the QQQ appears to be holding support.   It could be setting up for a good advance, unless it fails. This week is critical.