Blog post: 15th day of $QQQ short term down-trend; GLB: $RVLV; Follow my tweets @wishingwealth
I tweeted this GLB intraday when I received an alert from TC2000 at the break-out price. Follow my tweets @wishingwealth
Monthly chart shows RVLV was an IPO in 2019.
Blog Post–My 2012 Houston TC2000 Users Group video is available at my blog’s Topics/Webinars Tab; I gained a lot by watching!!
My undergraduate students have an assignment to review it. This slide presents my approach at that time. The video explains each of these rules. Today, I add stocks from the MarketSmith Growth250 list.
The GMI remains on a Green signal. I do not remember a market when the QQQ type growth stocks diverged so much from other stocks. I still think the demise of the leaders could foreshadow a general market decline. They always shoot the generals before the troops. If the QQQ can retake its 10 week average I will feel more assured about the market.
