41st day of $QQQ short term up-trend; dollar in the dumps Tuesday, April 19, 2016 @ 8:35 pm by Dr. Wish GMI6/6 GMI-26/9 T210884% Dollar continues its decline.
40th day of $QQQ short term up-trend, $TQQQ up 24%; GLB: $HAS Monday, April 18, 2016 @ 8:45 pm by Dr. Wish GMI6/6 GMI-27/9 T210884% If I had bought TQQQ on the first day of this QQQ short term up-trend on 2/22, I would now have a 24.4% gain. HAS had a GLB on Monday on a huge gap up on unusually large volume.
39th day of $QQQ short term up-trend: $TFX bouncing Sunday, April 17, 2016 @ 6:30 pm by Dr. Wish GMI5/6 GMI-27/9 T210882% TFX is a strongly advancing stock that just bounced off of its lower 15.2 daily BB. If I bought it I would place a sell stop below Friday’s low price. This is a strategy I teach my undergraduates. The GMI remains on a Buy signal.