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Dr. Wish

Blog Post: Day 14 of $QQQ short term up-trend; GMI remains on a Green signal; But many breakouts have failed; I remain defensive and mainly in cash in my trading accounts

Sunday, February 9, 2025 @ 11:08 pm by Dr. Wish
GMI4/6
GMI-27/9
T210847%

 

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Blog Post: Day 13 of $QQQ short term up-trend; $TPR had a huge volume GLB Thursday on good earnings; see weekly and daily charts

Thursday, February 6, 2025 @ 11:01 pm by Dr. Wish
GMI4/6
GMI-27/9
T210850%

IBD stats: RS=97, Comp=97, EPS=92.  But TPR closed near low of day after huge gap up. Note above average weekly volume after just 4 days of the week. Must not close below green line @79.70.

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Blog Post: Day 12 of $QQQ short term up-trend; 4 stocks are having a GLB this week: $ACI, $JCI, $ATEN, $CRWD, check them out! See their weekly charts below.

Wednesday, February 5, 2025 @ 9:37 pm by Dr. Wish
GMI4/6
GMI-27/9
T210851%
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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$172.08235.18%
SFM1/29/24$49.45$148.40200.10%
CRS4/23/24$79.66$241.13202.70%
AGX9/6/24$76.70$216.67182.49%
BKNG9/16/24$3,918.00$5,623.2543.52%
APP9/17/24$116.09$420.28262.03%
DUOL9/18/24$245.87$340.6838.56%
EAT10/1/24$78.33$151.6593.60%
NFLX10/18/24$700.99$1,205.0071.90%
LRN10/23/24$69.70$165.82137.91%
PLTR11/5/24$44.91$155.79246.89%
SPOT11/6/24$387.44$684.0776.56%
CRWD4/24/25$398.33$414.073.95%
CLS5/1/25$87.00$180.84107.86%
RGC5/1/25$1.55$12.64715.48%
LMB5/6/25$107.00$118.4010.65%
SEZL5/9/25$79.59$88.8311.61%
CRWV5/14/25$64.62$92.0542.45%
GEV5/20/25$447.50$609.9136.29%
NVDA6/3/25$140.76$174.6624.08%
TSSI6/6/2025$18.26$14.95-18.13%
CCJ6/9/25$62.55$70.8713.30%
ORCL6/12/25$198.31$233.5917.79%

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  • About the General Market Index (GMI)
  • Welcome to the new *and improved* Wishing Wealth
  • How to use IBD 100 and New America stocks and TC2007 to find potential rocket stocks; Market rally begins
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  • So, Wishing Wealth Reader, Tell Us About Yourself…
  • 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 81 of $QQQ short term up-trend, it may end Thursday; Mainly in cash during the post-earnings release lull; Many stocks had an oversold bounce on Tuesday, see $PLTR as an example.
  • Day 78 of $QQQ short term up-trend; $TQQQ outperforms again! If you bought TQQQ on Day 1 it would be up 73.2% beating all but 1 (AMD) of the Nasdaq 100 stocks and all but 6 of the S&P500 stocks!
  • Blog Post: Day 76 of $QQQ short term up-trend; 255 US stocks at yearly highs, 87 at ATHs and 18 at new lows; $RDDT had a GLB, see daily and weekly charts.
  • Blog Post: Day 75 of $QQQ short term up-trend; GMI is back to 6; See list of 10 stocks that reached an ATH and bounced off of their 8 EMA, see example chart of $CRDO.
  • Blog Post: Day 73 of $QQQ short term up-trend; Shaken out but back in; Blue dot of Happiness signal held, see daily charts of QQQ and SPY; GMI=5 and Green; Running on instruments is better than on my emotions.

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  • Barchart All-Time Highs
  • Blue Collar Investor
  • CNNMoney: Pre-market Futures
  • Dark Liquidity
  • Seeking Alpha
  • Stock Chartist

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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