IndicatorsGMI: 5/6GMI-2: 6/8T2108: 55% [Read More...]
$LK still holding GLB
IndicatorsGMI: 6/6GMI-2: 5/8T2108: 55% [Read More...]
40th day of $QQQ short term up-trend
IndicatorsGMI: 6/6GMI-2: 7/8T2108: 57% [Read More...]
Eight U.S. stocks hit an all-time high Friday and are at least twice their low the last 250 days: $PODD, $ATKR, $CRUS, $LULU, $GNRC, $DCPH, $INSP,…
IndicatorsGMI: 6/6GMI-2: 6/8T2108: 59%Nicolas Darvas liked to buy stocks that have already doubled. These eight stocks hit an all time high on Friday and are 2.1x or more their lowest price the past year. LULU reports earnings on 12/11. All are above their last green line tops. I will keep them in a watch list and wait for them to bounce from support to take a position. Below is a table I built in TC2000 showing next earnings date, close, and close/close a year ago. GMI is at 6 (of 6) and on a Green signal. [Read More...]
Successful GLB $DOCU to take off after earnings
IndicatorsGMI: 5/6GMI-2: 3/8T2108: 53%DOCU is up almost $6 tonight after releasing earnings. Note the successful retest of its green line on Tuesday. [Read More...]
$QQQ remains in Stage II up-trend
IndicatorsGMI: 5/6GMI-2: 3/8T2108: 53% [Read More...]
Recent GLB $LK shows considerable relative strength
IndicatorsGMI: 5/6GMI-2: 2/8T2108: 48% [Read More...]
Obtain a copy of my November TASC interview; $SPY still in daily RWB up-trend
IndicatorsGMI: 4/6GMI-2: 4/8T2108: 53%To order a copy of my interview in the November issue of TASC, click here. SPY (and QQQ) still in daily RWB up-trend. [Read More...]
33rd day of $QQQ short term up-trend; Daily RWB pattern continues
IndicatorsGMI: 6/6GMI-2: 7/8T2108: 61% [Read More...]
Check out my list of successful GLBs; 32nd day of $QQQ short term up-trend; Happy Thanksgiving
IndicatorsGMI: 6/6GMI-2: 7/8T2108: 59%This chart is updated daily and posted to the bottom of this blog. Buying stocks that consolidate and then break out to all-time highs can work! [Read More...]
$CVNA retests green line and advances to ATH; check out my GLB table
IndicatorsGMI: 6/6GMI-2: 5/8T2108: 59%I looked at all new highs from Monday and sorted them in TC2000 by how much they are up from a year ago. $CVNA caught my eye. It retested its GLB and is now trading 3.2 times its price of a year ago. Note the green dot signal after the retest. Nicolas Darvas pointed out that stocks that have doubled are likely to double again. Below is daily chart. The monthly chart shows that CVNA is almost a 10 bagger since its IPO in 2017. Note its first GLB in early 2018. I have restarted the GLB table, check it out on this blog daily. [Read More...]
$DOCU has high volume GLB–will it hold?
IndicatorsGMI: 4/6GMI-2: 3/8T2108: 52% [Read More...]