Blog Post: Day 10 of $QQQ short term up-trend; 10:30 weekly chart shows that $QQQ remains in a Stage 2 up-trend after a brief head fake, see chart and a confession

GMI5/6
GMI-26/9
T210857%

QQQ dipped below the 30 week average and then climbed back above it and the 10 week average (dotted line). I got scared out, instead of waiting for the 30 week average to curve down. That is the signal I waited for before successfully exiting at the beginning of large declines. Nearing retirement, I get spooked more easily these days. QQQ remains in a Stage 2 up-trend. Gray solid line is the weekly close.

Blog Post: Day 9 of $QQQ short term up-trend; GMI=6 and turns Green! 8 growth stocks at ATH and weekly green bar, see list and setup criteria

GMI6/6
GMI-26/9
T210863%

These stocks hit an ATH on Wednesday and met my criteria for a weekly green bar. They all bounced off of their rising 4 wk average and 4w>10wk>30 wk and reached a 20 week high on relative strength vs. SPY. If I bought this setup, my exit would be just below this week’s low. These stocks come from my recent IBD/MS lists and is sorted by the last column, close/lowest price last 250 days.