$CHWY retests GLB and goes on to ATH (all-time high)

GMI6/6
GMI-27/9
T210887%

I told you I love to buy things at Chewy for my newly inherited mini labradoodle. Chewy has competitive prices and outstanding customer service. They report earnings on June 9 and probably have benefited from online commerce. I have a position. Note the 2 green dot signals at the perfect time. (There are also several black dot signals, which tend to occur sooner.) I have defined green dot signals but am not ready to release the black dot details, which I am still testing.

 

 

$SPY back above 30 week average, promising up-trend

GMI4/6
GMI-27/9
T210883%

With the 4wk and 10 wk averages rising and the index above its 30 week average, it looks like SPY is forming an up-trend. I have started transferring my pension funds back into mutual funds. Once 30 week average curves up, indicating Stage II up-trend,  will transfer rest into market.

The GMI remains on a Green signal. Limited number of stocks hitting new highs and few successful new highs  are keeping total to 4 (of 6).