Markets remain in short and longer term up-trends.
37th day of QQQ short term up-trend; NVAX rising on bird-flu fears?
GMI-2 declines to 7 (of 8). With bird-flu coming back, there is a lot of interest in the vaccine maker, NVAX. Look at the large up volume (black) spikes in this weekly chart. (I own some NVAX, thanks to Judy).
36th day of QQQ short term up-trend; weak period coming?
All indicators remain positive. But QQQ just closed down after touching top Bollinger Band, suggesting to me that there will be some short term weakness ahead. I am not making any new buys now. Click on chart to enlarge.
