Longer term up-trend intact; $ZLTQ

GMI5/6
GMI-26/9
T210839%

 

As I struggle to maintain my weight loss of the past few years, a friend told me she was going to try the cold body sculpting method of reducing bulges. I researched the company (ZLTQ) that produces this new body shaping technique and bought some shares. Maybe this stock will win the battle of the bulge?     ZLTQ recently had a third green line break-out to an all-time high and has been making money.

ZLTQ08182015

I will not post again until 8/25–a rare vacation.   Enjoy the summer market doldrums.

Technicals are strengthening

GMI4/6
GMI-27/9
T210841%

GMI back to 4 (of 6) and T2108 is at 41% and is at highest reading since July 17. T2108 measures the percentage of NYSE stocks that are above their 40 day simple moving average and shows that large cap industrial stocks may have bottomed.

T210808172015I am beginning to wade back into biotech stocks. I like AMGN and CELG.