Wishing Wealth - Stock Market Technical Indicators & Analysis

5th day of $QQQ short term down-trend and GMI=2; Does market have inflation jitters? $GLD has daily RWB up-trend

Tuesday, May 11, 2021 @ 10:49 pm by Dr. Wish

GMI2/6

GMI-21/9

T210852%

With gold rising, one wonders if economic weakness is in store for us.

4th day of $QQQ short term down-trend; $QQQ $AAPL and $AMZN daily RWB patterns gone; Buying $SQQQ

Monday, May 10, 2021 @ 10:24 pm by Dr. Wish

GMI5/6

GMI-23/9

T210856%

The tech stocks are cratering as evidenced by the QQQ. This is a good time to be in cash or short the QQQ by buying the leveraged 3X inverse ETF SQQQ. Look at QQQ and AMZN and AAPL.

Revised OSB stock list–modified scan

Sunday, May 9, 2021 @ 11:46 pm by Dr. Wish

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	$168.82	385.25%
META	1/23/24	$384.33	$574.32	49.43%
APP	9/17/24	$116.09	$336.75	190.08%
COST	12/11/23	$615.27	$971.88	57.96%
GDDY	11/22/23	$93.75	$197.57	110.74%
WING	11/15/23	$223.77	$328.77	46.92%
CAVA	4/22/24	$58.10	$140.90	142.51%
CAH	11/3/23	$95.45	$122.24	28.07%
PGR	10/13/23	$149.87	$268.88	79.41%
ANF	12/18/23	$85.77	$149.69	74.52%
MPTI	10/9/23	$21.00	$65.56	212.19%
PANW	8/21/23	$213.61	$387.82	81.56%
NVO	8/8/23	$86.49	$106.80	23.48%
CBOE	8/4/23	$138.54	$215.85	55.80%
VST	8/4/23	$27.96	$159.84	471.67%
MOD	8/3/23	$37.62	$135.79	260.95%
VRT	8/2/23	$28.80	$127.60	343.06%
PSN	8/2/23	$50.15	$95.91	91.25%
PHM	4/25/23	$63.90	$135.27	111.69%
CRS	4/23/24	$79.66	$194.04	143.59%
IBKR	2/9/24	$95.59	$191.09	99.91%
BX	10/11/24	$149.78	$191.09	27.58%