10th day of QQQ short term down-trend; XONE hits all-time high


With the GMI on a Sell signal, I am mainly in cash in my trading accounts.   No one knows if this is a dead cat bounce or a real bottom.   But this is the end-of-quarter mutual fund window dressing period.   The key is what the market does next week. Then comes second quarter earnings….

One exception is I own a few shares of XONE.   It actually hit an all-time high on Tuesday!   This is one of Judy’s picks. See the daily chart below.


Six charts came up in my new high and good earnings scan:   DWRE, WAGE, CBOE, PRXL, PRLB, ALGT. Stocks that can come through the current market decline and be at new highs are worth researching.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.