GMI and GMI-2 continue to weaken but the short term trend remains up.
Dr. Wish
12th day of QQQ short term up-trend; AMGN all-time high
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.
11th day of QQQ short term up-trend
The averages held on Tuesday. This new up-trend may have legs. GMI is back to 6.