Wishing Wealth - Stock Market Technical Indicators & Analysis

IBD sees market in correction

Thursday, April 18, 2013Wednesday, April 17, 2013 @ 7:00 am by Dr. Wish

GMI4/6

GMI-22/9

T210839%

Wednesday was 32nd day of QQQ short term up-trend, but it could reverse on Thursday. But with the put/call ratio around an extreme 1.2, the market could bounce.

GMI back to 6, but rocky open coming

Wednesday, April 17, 2013 @ 7:02 am by Dr. Wish

GMI6/6

GMI-26/9

T210850%

With futures down a lot this morning, it looks like we might test Monday’s low today.

GMI declines to 4

Tuesday, April 16, 2013Monday, April 15, 2013 @ 7:00 am by Dr. Wish

GMI4/6

GMI-23/9

T210841%

QQQ short term up-trend in jeopardy. T2108 plunges to 41%. IBD back to “up-trend under pressure.”

Selected stocks that have had a successful recent Green Line Breakout (GLB). One can really profit by buying stocks breaking out to all-time highs after a consolidation of 3 months or more, my GLB Setup.

Sym.	Date	GLB $	Now $	Chg.
FTAI	10/26/23	$34.79	$104.31	199.83%
META	1/23/24	$384.33	$607.60	58.09%
APP	9/17/24	$116.09	$292.89	152.30%
COST	12/11/23	$615.27	$903.92	46.91%
GDDY	11/22/23	$93.75	$176.15	87.89%
WING	11/15/23	$223.77	$213.20	-4.72%
CAVA	4/22/24	$58.10	$77.48	33.36%
CAH	11/3/23	$95.45	$128.00	34.10%
PGR	10/13/23	$149.87	$283.69	89.29%
ANF	12/18/23	$85.77	$79.79	-6.97%
MPTI	10/9/23	$21.00	$37.99	80.90%
AGX	9/6/24	$76.70	$120.00	56.45%
SFM	1/29/24	$49.45	$136.75	176.54%
CBOE	8/4/23	$138.54	$213.95	54.43%
VST	8/4/23	$27.96	$124.46	345.14%
MOD	8/3/23	$37.62	$85.42	127.06%
VRT	8/2/23	$28.80	$87.45	203.65%
PSN	8/2/23	$50.15	$58.22	16.09%
PHM	4/25/23	$63.90	$102.94	61.10%
CRS	4/23/24	$79.66	$183.50	130.35%
IBKR	2/9/24	$95.59	$168.11	75.87%
EAT	10/1/24	$78.33	$139.41	77.98%