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5th day of QQQ short term down-trend

Friday, October 7, 2011Thursday, October 6, 2011 @ 7:00 am by Dr. Wish

GMI0/6

GMI-23/9

T210827%

We are still waiting to see if this rebound has legs. Longer term trends remain down.

4th day of QQQ short term down-trend; stochastic signals bounces

Thursday, October 6, 2011Wednesday, October 5, 2011 @ 7:00 am by Dr. Wish

GMI0/6

GMI-21/9

T210821%

The QQQ has held the August lows for now. The one tip off that the market might bounce is that the daily 10.4.4 stochastic registered the same oversold level that it did during the two bounces in August. See this daily chart.

3rd day of QQQ short term down-trend

Wednesday, October 5, 2011Tuesday, October 4, 2011 @ 7:00 am by Dr. Wish

GMI0/6

GMI-20/9

T210818%

Major indexes remain in short and longer term down-trends. On the sidelines in cash.

Selected stocks that have had a successful recent Green Line Breakout (GLB). One can really profit by buying stocks breaking out to all-time highs after a consolidation of 3 months or more, my GLB Setup.

Sym.	Date	GLB $	Now $	Chg.
FTAI	10/26/23	$34.79	$100.53	188.96%
META	1/23/24	$384.33	$689.18	79.32%
APP	9/17/24	$116.09	$369.59	218.37%
COST	12/11/23	$615.27	$979.88	59.26%
GDDY	11/22/23	$93.75	$212.65	126.83%
WING	11/15/23	$223.77	$297.90	33.13%
CAVA	4/22/24	$58.10	$135.05	132.44%
CAH	11/3/23	$95.45	$123.66	29.55%
PGR	10/13/23	$149.87	$246.44	64.44%
ANF	12/18/23	$85.77	$119.38	39.19%
MPTI	10/9/23	$21.00	$58.90	180.48%
AGX	9/6/24	$76.70	$136.80	78.36%
SFM	1/29/24	$49.45	$158.34	220.20%
CBOE	8/4/23	$138.54	$204.33	47.49%
VST	8/4/23	$27.96	$168.03	500.97%
MOD	8/3/23	$37.62	$101.45	169.67%
VRT	8/2/23	$28.80	$117.02	306.32%
PSN	8/2/23	$50.15	$79.27	58.07%
PHM	4/25/23	$63.90	$113.78	78.06%
CRS	4/23/24	$79.66	$193.06	142.36%
IBKR	2/9/24	$95.59	$217.44	127.47%
EAT	10/1/24	$78.33	$181.97	132.31%