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6th day of QQQ short term up-trend; cautiously long

Wednesday, December 5, 2012Tuesday, December 4, 2012 @ 7:00 am by Dr. Wish
GMI5/6
GMI-24/9
T210854%

The GMI is back to 5; there were only 77 new highs Tuesday.   With the market skittish about the budget talks, I am proceeding very cautiously.   There is no reason to take large risks given the growing market volatility.

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5th day of QQQ short term up-trend;
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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$131.19277.09%
META1/23/24$384.33$712.5585.40%
APP9/17/24$116.09$346.61198.57%
COST12/11/23$615.27$995.9061.86%
GDDY11/22/23$93.75$178.6690.57%
WING11/15/23$223.77$354.9658.63%
CAVA4/22/24$58.10$75.5830.09%
CAH11/3/23$95.45$163.7171.51%
PGR10/13/23$149.87$263.0875.54%
NFLX10/18/24$700.99$1,283.3483.08%
MPTI10/9/23$21.00$37.8780.33%
AGX9/6/24$76.70$209.87173.62%
SFM1/29/24$49.45$164.99233.65%
CBOE8/4/23$138.54$230.0266.03%
VST8/4/23$27.96$188.09572.71%
MOD8/3/23$37.62$101.25169.14%
VRT8/2/23$28.80$122.79326.35%
PSN8/2/23$50.15$68.9437.47%
PHM4/25/23$63.90$103.7762.39%
CRS4/23/24$79.66$265.77233.63%
IBKR2/9/24$95.59$52.40-45.18%
EAT10/1/24$78.33$178.26127.58%
DUOL9/18/24$245.87$414.0068.38%
HWM11/14/23$51.34$176.45243.69%
LRN10/23/24$69.70$143.53105.93%
SPOT11/6/24$387.44$751.8594.06%
CRS4/23/24$79.66$265.77233.63%

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