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Dr. Wish

14th day of $QQQ short term up-trend; $TLT falling=higher interest rates

Wednesday, October 5, 2016 @ 8:37 pm by Dr. Wish
GMI5/6
GMI-28/9
T210848%

Long term treasury bonds continue to fall, indicating higher interest rates.

screen-shot-2016-10-05-at-8-35-21-pm

 

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13th day of $QQQ short term up-trend

Tuesday, October 4, 2016 @ 9:40 pm by Dr. Wish
GMI5/6
GMI-27/9
T210841%
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GLB: $CATM surges with acquisition and it retakes its green line

Monday, October 3, 2016 @ 10:11 pm by Dr. Wish
GMI5/6
GMI-27/9
T210846%

Look at the extraordinary volume of shares (>3x its avg daily vol) traded on CATM with the announcement of an acquisition said to be accretive to earnings. CATM has retaken its green line and is just short of its all-time high of 48.46. Its latest short ratio was around 15.

screen-shot-2016-10-03-at-9-56-34-pm

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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$115.04230.67%
META1/23/24$384.33$738.0992.05%
APP9/17/24$116.09$350.08201.56%
COST12/11/23$615.27$989.9460.90%
GDDY11/22/23$93.75$180.0692.06%
WING11/15/23$223.77$336.7450.48%
CAVA4/22/24$58.10$84.2344.97%
CAH11/3/23$95.45$168.0076.01%
PGR10/13/23$149.87$266.8678.06%
NFLX10/18/24$700.99$1,339.1391.03%
MPTI10/9/23$21.00$42.00100.00%
AGX9/6/24$76.70$220.48187.46%
SFM1/29/24$49.45$164.64232.94%
CBOE8/4/23$138.54$233.2168.33%
VST8/4/23$27.96$193.81593.17%
MOD8/3/23$37.62$98.50161.83%
VRT8/2/23$28.80$128.41345.87%
PSN8/2/23$50.15$71.7743.11%
PHM4/25/23$63.90$105.4665.04%
CRS4/23/24$79.66$276.38246.95%
IBKR2/9/24$95.59$55.41-42.03%
EAT10/1/24$78.33$180.33130.22%
DUOL9/18/24$245.87$410.0266.76%
HWM11/14/23$51.34$186.13262.54%
LRN10/23/24$69.70$145.19108.31%
SPOT11/6/24$387.44$767.3498.05%
CRS4/23/24$79.66$276.38246.95%

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  • Blog Post: Day 45 of $QQQ short term up-trend; $HOOD takes off with a high volume GLB and closes at ATH, see daily and monthly charts.
  • Blog Post: Day 44 of $QQQ short term up-trend; TA works also for mutual funds; See GLB last week in Fidelity Contrafund, $FCNKX, and learn how I analyze the market and a great source to limit losses.
  • Blog Post: Day 43 of $QQQ short term up-trend; So many breakouts–$RKLB had a high volume GLB on Thursday, see daily and monthly charts.
  • Blog Post: $CLS had GLB on Wednesday. See daily and weekly charts.
  • Blog Post: Day 41 of $QQQ short term up-trend; $QQQ had a blue dot oversold bounce on Monday, see daily chart; $CRDO and $PWR had a GLB on Tuesday, see 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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