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Dr. Wish

$QQQ remains in Weinstein Stage II up-trend; Sell in May and come back at Halloween!

Sunday, October 20, 2019 @ 8:30 pm by Dr. Wish
GMI5/6
GMI-27/9
T210857%

Halloween is approaching–best 6 month period for market is almost upon us. Check out the interview with me about my strategy and class in the November issue of Technical Analysis of Stocks and Commodities, now at your newsstand.

GMI remains Green.

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Catch my TASC magazine interview; 4th day of $QQQ short term up-trend; $AAPL finding support at green line

Thursday, October 17, 2019 @ 10:24 pm by Dr. Wish
GMI6/6
GMI-27/9
T210858%

In a few days, the November issue of the magazine Technical Analysis of Stocks and Commodities will publish a long interview with me about my trading roots, strategies, and the college courses I teach. I hope you find it useful.

AAPL finds support at its green line break-out (GLB).

I

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GMI turns Green; 3rd day of $QQQ short term up-trend; $TECD another successful GLB

Wednesday, October 16, 2019 @ 7:33 pm by Dr. Wish
GMI4/6
GMI-27/9
T210854%

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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$117.83238.69%
META1/23/24$384.33$657.7171.13%
APP9/17/24$116.09$375.49223.45%
COST12/11/23$615.27$995.0961.73%
GDDY11/22/23$93.75$187.90100.43%
WING11/15/23$223.77$309.9538.51%
CAVA4/22/24$58.10$99.7771.72%
CAH11/3/23$95.45$148.4855.56%
PGR10/13/23$149.87$278.7285.97%
NFLX10/18/24$700.99$1,145.8163.46%
MPTI10/9/23$21.00$50.40140.00%
AGX9/6/24$76.70$180.11134.82%
SFM1/29/24$49.45$158.92221.38%
CBOE8/4/23$138.54$213.9954.46%
VST8/4/23$27.96$154.46452.43%
MOD8/3/23$37.62$104.79178.55%
VRT8/2/23$28.80$109.12278.89%
PSN8/2/23$50.15$66.6332.86%
PHM4/25/23$63.90$102.6060.56%
CRS4/23/24$79.66$229.51188.11%
IBKR2/9/24$95.59$202.66112.01%
EAT10/1/24$78.33$150.4492.06%
DUOL9/18/24$245.87$538.06118.84%
HWM11/14/23$51.34$159.54210.75%
LRN10/23/24$69.70$153.83120.70%
SPOT11/6/24$387.44$627.5061.96%
CRS4/23/24$79.66$229.51188.11%

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  • About the General Market Index (GMI)
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  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • 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 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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