Blog Post: Day 20 of $QQQ short term up-trend; $HLT retakes green line, see daily chart, also home builders are rising, see chart of $NAIL

@ 10:01 pm
GMI6/6
GMI-27/9
T210872%

HLT had a failed GLB and then closed back above its green line on Friday after an oversold bounce, designated by the black dot. People I know are traveling and staying at hotels. I also noticed this weekend that parking spaces were exceedingly rare at Costco and other local shops. The consumer is back.

Home builders are taking off. One way to play it is the 3x ETF, NAIL.

The GMI is strong and GREEN!

Blog Post: Day 16 of $QQQ short term up-trend; 6 Stocks having a recent GLB to an ATH: $CWCO, $GDDY, $SKX, $V, $L, $BRO; $CWCO breaks ATH peak from 2007 on above average volume, IBD/MS Comp=99, see monthly and daily charts.

@ 8:46 pm
GMI6/6
GMI-27/9
T210864%

In addition to its GLB today, CWCO caught my eye because it is expected to have earnings in 2023 up +220%. It has also almost tripled its yearly low. MS Accum/Dist rating=A+. Someone is accumulating this stock. Maybe there is a future in seawater desalination? It must not close back below the green line, at 37.49. If it does, that would be a failed GLB and I would sell immediately. If that happens I would buy it back if it closes back above its green line. Note the above average volume up days (black bars) recently on the daily chart.