Monitoring for possible GLB, but GMI fell to 4 on Thursday after weakening growth stocks.
$IRBT retakes green line and bounces off 10 week average
Weekly chart shows IRBT holding 10 week average (blue dotted line) and recent GLB.
58th day of $QQQ short term up-trend; Since day 1, QQQ up +13.6% and $TQQQ up +43.1%
Since January 9, the first day I initiated a QQQ short term up-trend count, the QQQ has advanced +13.6% while its triple leveraged ETF, TQQQ, has advanced +43.1%. Once again, I find that merely buying TQQQ when the QQQ short term trend turns up would have given me major gains and beaten most stocks. By the way, the longest QQQ short term up-trend count I have computed from 2006-2016 lasted 88 days and only 16% lasted 50 days or more.
