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42nd day of $QQQ short term up-trend; why are treasury bonds rising?

Wednesday, February 8, 2017 @ 10:07 pm by Dr. Wish
GMI5/6
GMI-28/9
T210853%

While everyone thinks bonds should fall and interest rates rise, it is noteworthy that the opposite is occurring. Do bond investors see a weak economy in our future? TLT, the 20 year treasury bond ETF, may have put in a bottom….

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41st day of $QQQ short term up-trend

Tuesday, February 7, 2017 @ 10:44 pm by Dr. Wish
GMI5/6
GMI-28/9
T210853%
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40th day of $QQQ short term up-trend; GLB: $KRNT

Monday, February 6, 2017 @ 9:07 pm by Dr. Wish
GMI6/6
GMI-28/9
T210856%

KRNT is showing technical strength and came up in one of my  scans.

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Current GMI Signal

GREEN

since close on May 5, 2024

Successful GLBTracker

Selected stocks that have had a successful recent Green Line Breakout (GLB). One can really profit by buying stocks breaking out to all-time highs after a consolidation of 3 months or more, my GLB Setup.

Sym.DateGLB $Now $Chg.
FTAI10/26/23$34.79$122.05250.82%
META1/23/24$384.33$638.1566.04%
APP9/17/24$116.09$362.81212.52%
COST12/11/23$615.27$1,032.5067.81%
GDDY11/22/23$93.75$189.55102.19%
WING11/15/23$223.77$330.7047.79%
CAVA4/22/24$58.10$90.6055.94%
CAH11/3/23$95.45$155.3962.80%
PGR10/13/23$149.87$287.4891.82%
NFLX10/18/24$700.99$1,182.9468.75%
MPTI10/9/23$21.00$48.91132.90%
AGX9/6/24$76.70$190.00147.72%
SFM1/29/24$49.45$168.10239.94%
CBOE8/4/23$138.54$223.1361.06%
VST8/4/23$27.96$157.56463.52%
MOD8/3/23$37.62$103.91176.21%
VRT8/2/23$28.80$106.04268.19%
PSN8/2/23$50.15$68.5636.71%
PHM4/25/23$63.90$102.6360.61%
CRS4/23/24$79.66$234.56194.45%
IBKR2/9/24$95.59$208.21117.82%
EAT10/1/24$78.33$149.9791.46%
DUOL9/18/24$245.87$519.55111.31%
HWM11/14/23$51.34$166.10223.53%
LRN10/23/24$69.70$155.52123.13%
SPOT11/6/24$387.44$661.4070.71%
CRS4/23/24$79.66$234.56194.45%

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  • About the General Market Index (GMI)
  • Welcome to the new *and improved* Wishing Wealth
  • How to use IBD 100 and New America stocks and TC2007 to find potential rocket stocks; Market rally begins
  • The new 3x ETF’s–triple your pleasure — or pain
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • In the hospital. Will resume posting next week. Thank you for your patience.
  • How I use put options as investment insurance
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • So, Wishing Wealth Reader, Tell Us About Yourself…
  • Blog post: David, my co-presenter, brilliant colleague of 20+ years died in a freak accident on 2/18; Day 35 of $QQQ short term down-trend; 15 promising stocks to monitor
  • Blog Post: Day 17 of $QQQ short term up-trend; 7 of 32 stocks in my growth watchlist of 687 stocks that reached an ATH on Monday were in the Aerospace & Defense industry, $HWM and $AXON have already doubled, see list.
  • Blog Post: Day 16 of $QQQ short term up-trend; Major indexes are still not in confirmed up-trends yet, see weekly charts of $SPY and explanation. Boston IBD Meetup for 5/21 is full but register to receive free recording.
  • Blog Post: Day 15 of $QQQ short term up-trend; Here are 15 stocks from my growth watchlist that reached an ATH Thursday; note 4 are from the aerospace & defense industry.
  • Blog Post: Day 14 of $QQQ short term up-trend; Blue dots have helped me find strong stocks bouncing from oversold, see daily chart of AMZN; learn about the blue dot at my presentation to the Boston IBD Meetup on 5/21, register on blog.
  • Blog Post: Day 13 of $QQQ short term up-trend; Register NOW to get the free recording of my presentation to the Boston IBD Meetup on 5/21; $TQQQ beats most individual stocks again, see daily chart!

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  • Dark Liquidity
  • Seeking Alpha
  • Stock Chartist

Recommended Reading

Momentum Masters - A Roundtable Interview with Super Traders - Minervini, Ryan, Zanger & Ritchie II Alan Ellman's Selling Cash-Secured Puts: Investing to Generate Monthly Cash Flow Stock Investing For Students - a plan to get rich slowly and retire young Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market Exit Strategies for Covered Call Writing: Making the Most Money When Selling Stock Options Complete Encyclopedia for Covered Call Writing Wall Street The Other Las Vegas How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Trend Trading: A seven step approach to success How Legendary Traders Made Millions: Profiting From the Investment Strategies of the Gretest Traders of All time The Complete TurtleTrader: The Legend, the Lessons, the Results How to Make Money Selling Stocks Short Reminiscences of a Stock Operator Stan Weinstein's Secrets For Profiting in Bull and Bear Markets Lessons from the Greatest Stock Traders of All Time How I Made $2,000,000 In The Stock Market

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