Wishing Wealth - Stock Market Technical Indicators & Analysis

Miss by GOOG will hurt techs

Friday, April 15, 2011Thursday, April 14, 2011 @ 7:00 am by Dr. Wish

GMI4/6

GMI-22/9

T210854%

AAPL continues to weaken, and now the GOOG miss will exacerbate the weakness. Time to be defensive.

11th day of QQQ short term up-trend

Thursday, April 14, 2011Wednesday, April 13, 2011 @ 7:00 am by Dr. Wish

GMI4/6

GMI-23/9

T210851%

Up-trend has barely held on. I remain very cautious and am mainly in cash in my trading accounts. Check out this interesting post on the low levels of bearish sentiment. There are too few bears right now.

QQQ short term up-trend in jeopardy; AAPL weak

Wednesday, April 13, 2011Tuesday, April 12, 2011 @ 7:00 am by Dr. Wish

GMI4/6

GMI-22/9

T210852%

If the QQQ remains down or flat on Wednesday, I will begin a new short term down-trend. AAPL remains weak and I never hold it when it closes below its 10 week average. It has done so for the past two weeks. I remain very cautious.

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	$103.35	197.07%
META	1/23/24	$384.33	$687.00	78.75%
APP	9/17/24	$116.09	$365.51	214.85%
COST	12/11/23	$615.27	$978.81	59.09%
GDDY	11/22/23	$93.75	$213.53	127.77%
WING	11/15/23	$223.77	$305.76	36.64%
CAVA	4/22/24	$58.10	$138.95	139.16%
CAH	11/3/23	$95.45	$128.26	34.37%
PGR	10/13/23	$149.87	$249.22	66.29%
ANF	12/18/23	$85.77	$122.71	43.07%
MPTI	10/9/23	$21.00	$58.06	176.48%
AGX	9/6/24	$76.70	$136.89	78.47%
SFM	1/29/24	$49.45	$156.25	215.98%
CBOE	8/4/23	$138.54	$205.91	48.63%
VST	8/4/23	$27.96	$176.30	530.54%
MOD	8/3/23	$37.62	$102.46	172.36%
VRT	8/2/23	$28.80	$114.60	297.92%
PSN	8/2/23	$50.15	$78.81	57.15%
PHM	4/25/23	$63.90	$118.51	85.46%
CRS	4/23/24	$79.66	$193.65	143.10%
IBKR	2/9/24	$95.59	$219.17	129.28%
EAT	10/1/24	$78.33	$182.50	132.99%