Day 15 of $QQQ short term up-trend; only 17 US stocks reached an ATH on Thursday, the most (7) were oil & gas related; 6 of them have more than doubled from their lows the past year. See list.

@ 10:22 pm
GMI4/6
GMI-26/9
T210824%

With oil prices going through the roof, it made sense to buy stocks that benefit from the rise. So many traders online are complaining about their horrible trades. Why did they miss these? This is not the first time these stocks have dominated the ATH list. The last column shows current price divided by the lowest price the last 250 days. SHEL is the weakest, up only 50%.

Screenshot

Day 13 of $QQQ short term up-trend; GMI=Green; More US new yearly highs than lows 91/46. 28 at ATH, most in software (6). DELL had a nice rise on Tuesday after its recent blue dot oversold bounce, see daily chart.

@ 9:40 pm
GMI5/6
GMI-27/9
T210824%

DELL had a blue dot after earnings in early September and again a few says ago. It also had a pink dot today, indicating a bounce off of the upper 15.2 Bollinger Band. This could provide some  resistance. I will explain my charts and symbols and how to get them during my MoneyShow presentation on October 20. Register free here.

Screenshot

Day 12 of $QQQ short term up-trend, GMI=5 and turns GREEN! Many stocks are breaking out and NVDA even had a GLB on Monday! TQQQ up +14% since Day 1 on 9/18. Daily modified Guppy chart shows QQQ closing above all 12 averages.

@ 10:28 pm
GMI5/6
GMI-27/9
T210822%

I will not  let all of the gossip about bad market breadth deter me from riding strong stocks. The dotted line represents the daily closes.  This is a RWB up-trend. The blue dots are the daily low prices.

Screenshot