I hope many of you can attend the online meeting at 7 PM EST or review the recording. I will discuss GLBs, Bollinger Bands and Stochastics in order to show how I use them to conduct my Blue Dot scan. You can register here. Attendance is limited, so do it now!
Note that since Day 1 of the QQQ short term up-trend, TQQQ is up +28.4%. How many individual stocks have beaten TQQQ during the same period? Only, 0 of the Dow stocks, 4 of the Nasdaq 100, and 4 of the S&P500. However, 6% of the 553 stocks in my growth watchlist did do better. Did you own any of them? So again, riding TQQQ in an up-trend outperforms 94% or more of the individual stocks in these groups. On Day 1, I held my nose and bought a little of TQQQ. This was very difficult to do because Day 1 came after 42 straight days of a short term down-trend. Few people trust a new short term up-trend! See you on 5/21.
