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Dr. Wish

$SPY fails to break resistance–for now; 3rd day of $QQQ short term up-trend

Wednesday, July 11, 2018 @ 9:09 pm by Dr. Wish
GMI5/6
GMI-27/9
T210857%

SPY could not get through resistance line.

right on schedule.

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2nd day of $QQQ short term up-trend

Tuesday, July 10, 2018 @ 10:30 pm by Dr. Wish
GMI6/6
GMI-27/9
T210865%

New short term up-trends need to last 5 days before I have confidence in the change in trend.

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New $QQQ short term up-trend; GMI flashes Green

Monday, July 9, 2018 @ 10:27 pm by Dr. Wish
GMI5/6
GMI-27/9
T210867%

 

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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$187.00264.24%
SFM1/29/24$49.45$109.58121.60%
CRS4/23/24$79.66$242.76204.75%
AGX9/6/24$76.70$283.35269.43%
BKNG9/16/24$3,918.00$5,242.4733.80%
APP9/17/24$116.09$572.84393.44%
DUOL9/18/24$245.87$325.9632.57%
EAT10/1/24$78.33$132.1568.71%
NFLX10/18/24$700.99$1,228.8975.31%
LRN10/23/24$69.70$144.47107.27%
PLTR11/5/24$44.91$175.27290.27%
SPOT11/6/24$387.44$692.7278.79%
CRWD4/24/25$398.33$505.5526.92%
CLS5/1/25$87.00$263.00202.30%
RGC5/1/25$1.55$17.451025.81%
CCJ6/9/25$62.55$92.3247.59%
SEZL5/9/25$79.59$78.47-1.41%
CRWV5/14/25$64.62$141.57119.08%
GEV5/20/25$447.50$628.6440.48%
NVDA6/3/25$140.76$188.9334.22%
MIRM8/7/2025$54.23$72.2833.28%
CCJ6/9/25$62.55$92.3247.59%
ORCL6/12/25$198.31$304.9953.79%
QBTS5/20/25$13.23$36.36174.83%
IONQ9/12/25$54.74$77.6441.83%
HOOD6/30/25$85.60$140.1063.67%
IREN9/9/2025$28.25$63.57125.03%

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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
  • The new 3x ETF’s–triple your pleasure — or pain
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • In the hospital. Will resume posting next week. Thank you for your patience.
  • How I use put options as investment insurance
  • 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 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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  • Blue Collar Investor
  • CNNMoney: Pre-market Futures
  • Dark Liquidity
  • Seeking Alpha
  • Stock Chartist

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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