Blog Post: $CLS had GLB on Wednesday. See daily and weekly charts.
Blog Post: Day 41 of $QQQ short term up-trend; $QQQ had a blue dot oversold bounce on Monday, see daily chart; $CRDO and $PWR had a GLB on Tuesday, see charts.
I explained my Blue Dot of Happiness setup at the Boston IBD Meetup on May 21. Note that a blue dot also occurred at the April bottom. The one in March failed. $QQQ could have a GLB this week. So many stocks are breaking out. CRDO had a GLB on Tuesday, see daily chart. So did $PWR. If I buy a GLB, I sell immediately if it closes back below the green line.
I tweeted out the GLB intraday. Follow me on X: @WishingWealth.
Blog Post: Day 40 of $QQQ short term up-trend; For the first time since last February QQQ’s 4wk avg>10 wk avg>30 wk avg, also true for $SPY, see weekly charts. Bull is back!
Better for me to focus on the market’s movement rather than the news. I am slowly moving money off the sidelines and back into mutual funds in my university retirement accounts. I know I am late, but nearing retirement, I am a chicken.
