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Month: March 2015

2nd day of $QQQ short term up-trend; All that Jazz!

Wednesday, March 18, 2015 @ 7:46 pm by Dr. Wish
GMI6/6
GMI-28/9
T210854%

Jazz takes off, with an RWB pattern and a close above its green line top.

Screen shot 2015-03-18 at 7.44.38 PM

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1st day of $QQQ short term up-trend

Tuesday, March 17, 2015Wednesday, March 18, 2015 @ 10:37 pm by Dr. Wish
GMI5/6
GMI-27/9
T210845%

The new up-trend will have to last 5 days for me to have confidence in it. It is very strange and noteworthy   that only a minority of the Nasdaq 100 stocks rose   as that index advanced. IBD still sees the market uptrend under pressure.

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4th day of $QQQ short term down-trend

Monday, March 16, 2015 @ 10:04 pm by Dr. Wish
GMI4/6
GMI-25/9
T210846%

Another up day on Tuesday will start a new 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.
HWM11/14/23$51.34$187.46265.13%
SFM1/29/24$49.45$125.52153.83%
CRS4/23/24$79.66$241.19202.77%
AGX9/6/24$76.70$238.22210.59%
BKNG9/16/24$3,918.00$5,475.0139.74%
APP9/17/24$116.09$603.80420.11%
DUOL9/18/24$245.87$280.7414.18%
EAT10/1/24$78.33$144.1984.08%
NFLX10/18/24$700.99$1,200.5171.26%
LRN10/23/24$69.70$139.3199.87%
PLTR11/5/24$44.91$170.26279.11%
SPOT11/6/24$387.44$704.0681.72%
CRWD4/24/25$398.33$444.9811.71%
CLS5/1/25$87.00$254.39192.40%
RGC5/1/25$1.55$14.31823.23%
LMB5/6/25$107.00$99.23-7.26%
SEZL5/9/25$79.59$88.8311.61%
CRWV5/14/25$64.62$118.7583.77%
GEV5/20/25$447.50$617.9138.08%
NVDA6/3/25$140.76$174.8824.24%
TSSI6/6/2025$18.26$14.40-21.14%
CCJ6/9/25$62.55$80.2328.27%
ORCL6/12/25$198.31$306.6554.63%

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  • About the General Market Index (GMI)
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  • 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 14 of $QQQ short term up-trend; $IREN had recent GLB and has strong fundamentals, see daily and monthly charts; GMI=6 (of 6)
  • Blog Post: Day 13 of $QQQ short term up-trend; Many stocks at ATHs. $NET had an above average GLB, must not CLOSE below green line @221.64, see daily and monthly charts.
  • Blog Post: Day 11 of $QQQ short term up-trend; QQQ is gaining strength, H+S top pattern no more; $IREN had a high volume retake of its green line, see daily and monthly charts.
  • Blog Post: Day 9 of $QQQ short term up-trend; A most difficult and conflicted market, see daily chart of $QQQ and my thoughts.
  • Blog Post: Day 8 of $QQQ short term up-trend; $QQQ held the head and shoulders neckline–but will it overtake the right shoulder?

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Recommended Reading

QQQ and TQQQ ETF Profit Machine 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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