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Dr. Wish

Blog post: Day 30 of $QQQ short term down-trend; Retest of January 24 low (334.15) imminent

Thursday, February 17, 2022 @ 10:26 pm by Dr. Wish
GMI0/6
GMI-22/9
T210833%

Approaching the lower daily 2.15 BB. Will it hold?  Sometimes the low is exceeded and then we get an immediate reversal.

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Blog post: Day 29 of $QQQ short term down-trend; $QQQ’s 30 week average curving down–Stage IV decline coming?

Thursday, February 17, 2022 @ 8:10 am by Dr. Wish
GMI0/6
GMI-23/9
T210839%

A declining 30 week average is a major sign of weakness and could portend a Stage IV decline. That is when I used to transfer to cash in my university pension mutual funds. I already have done so.

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Blog post: Day 28 of $QQQ short term down-trend; Commodities, $DBC, in daily RWB up-trend

Tuesday, February 15, 2022 @ 8:58 pm by Dr. Wish
GMI0/6
GMI-22/9
T210838%

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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$117.89238.86%
META1/23/24$384.33$659.8071.68%
APP9/17/24$116.09$376.70224.49%
COST12/11/23$615.27$994.8461.69%
GDDY11/22/23$93.75$187.0299.49%
WING11/15/23$223.77$307.6937.50%
CAVA4/22/24$58.10$100.1672.39%
CAH11/3/23$95.45$148.0655.12%
PGR10/13/23$149.87$279.4086.43%
NFLX10/18/24$700.99$1,151.0164.20%
MPTI10/9/23$21.00$50.01138.14%
AGX9/6/24$76.70$178.73133.02%
SFM1/29/24$49.45$159.03221.60%
CBOE8/4/23$138.54$214.0854.53%
VST8/4/23$27.96$154.49452.54%
MOD8/3/23$37.62$105.79181.21%
VRT8/2/23$28.80$109.11278.85%
PSN8/2/23$50.15$67.0233.64%
PHM4/25/23$63.90$103.9862.72%
CRS4/23/24$79.66$228.34186.64%
IBKR2/9/24$95.59$202.34111.67%
EAT10/1/24$78.33$152.0694.13%
DUOL9/18/24$245.87$541.37120.19%
HWM11/14/23$51.34$159.31210.30%
LRN10/23/24$69.70$154.66121.89%
SPOT11/6/24$387.44$633.0263.39%
CRS4/23/24$79.66$228.34186.64%

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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 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!
  • Sign up for my free webianr at the Boston IBD Meetup for 5/21, get free recording. Link is below..
  • Blog Post: Day 12 of $QQQ short term up-trend; GMI=6 (of 6); Time for me to look for buys near ATHs; See $UBER GLB on daily and weekly charts.
  • Blog Post: Day 11 of $QQQ short term up-trend but all major indexes remain in Stage 4 down-trends, see weekly 10:30 charts of 4 indexes and the GMI table.
  • Blog Post: Day 8 of $QQQ short term up-trend; $BJ had another successful Blue Dot set-up, as did $GLD, see daily charts.

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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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