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Dr. Wish

12th day of $QQQ short term up-trend

Wednesday, July 25, 2018 @ 6:18 am by Dr. Wish
GMI5/6
GMI-27/9
T210853%
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Rates climb as $TLT dives; 11th day of $QQQ short term up-trend

Monday, July 23, 2018 @ 9:26 pm by Dr. Wish
GMI5/6
GMI-27/9
T210855%

Long rates moving higher as 20 year treasuries decline big time.

 

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$QQQ and $SPY in weekly RWB up-trends

Sunday, July 22, 2018 @ 10:07 pm by Dr. Wish
GMI5/6
GMI-27/9
T210858%

QQQ remains in a weekly RWB up-trend and closed above all 12 moving averages (see glossary).

As did SPY.

The GMI remains on a Green signal.

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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$189.89269.87%
SFM1/29/24$49.45$106.29114.94%
CRS4/23/24$79.66$243.55205.74%
AGX9/6/24$76.70$290.04278.15%
BKNG9/16/24$3,918.00$5,248.6533.96%
APP9/17/24$116.09$582.74401.97%
DUOL9/18/24$245.87$327.7733.31%
EAT10/1/24$78.33$130.6966.85%
NFLX10/18/24$700.99$1,219.3173.94%
LRN10/23/24$69.70$144.22106.92%
PLTR11/5/24$44.91$177.03294.19%
SPOT11/6/24$387.44$685.9677.05%
CRWD4/24/25$398.33$505.5626.92%
CLS5/1/25$87.00$267.52207.49%
RGC5/1/25$1.55$18.041063.87%
CCJ6/9/25$62.55$92.3447.63%
SEZL5/9/25$79.59$76.09-4.40%
CRWV5/14/25$64.62$139.16115.35%
GEV5/20/25$447.50$651.4745.58%
NVDA6/3/25$140.76$188.7034.06%
MIRM8/7/2025$54.23$73.2635.09%
CCJ6/9/25$62.55$92.3447.63%
ORCL6/12/25$198.31$309.4756.05%
QBTS5/20/25$13.23$41.13210.88%
IONQ9/12/25$54.74$82.4550.62%
HOOD6/30/25$85.60$139.4262.87%
IREN9/9/2025$28.25$66.25134.51%

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  • About the General Market Index (GMI)
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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 34 of $QQQ short term up-trend, it could end on Monday; GMI= 4 and still Green; Will indexes hold on Monday?
  • Blog Post: Day 32 of $QQQ short term up-trend; 176 US new highs, 58 lows and 68 ATHs; This daily modified Guppy chart shows $QQQ in a solid RWB up-trend.
  • Blog Post: Day 29 of $QQQ short term up-trend; Thank you for the many “likes” I received for my post about the pundits who are predicting an imminent market top. NO ONE knows what the market will do, except by chance once in a while. I explain why I think collections of winning stocks can mislead traders. Expect failed setups!
  • Blog Post: Day 26 of $QQQ short term up-trend; Nibbling at a few stocks showing strength; See daily and monthly charts of $BTSG and my analysis.
  • Blog Post: Day 24 of $QQQ short term up-trend; Short and longer term up-trends remain intact, GMI=6 (of 6), see 10:30 weekly chart of $QQQ

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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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