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GMI: 6; 20-42% of stocks advanced

Tuesday, October 9, 2007 @ 12:01 am by Dr. Wish

The GMI is still 6, but only 42% of the Nasdaq 100 stocks rose, along with 29% of the S&P 500 stocks and 20% of the Dow 30 stocks.  There were only 238 new highs in my universe of 4,000 stocks.  Monday was the 27th day in the short-term QQQQ up-trend.

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GMI: 6; T2108 indicator at peak

Monday, October 8, 2007 @ 11:12 pm by Dr. Wish

The GMI remains at 6, but the Worden T2108 indicator is about as high as it gets, 82%.  The QQQQ is in the 26th day of its short term up-trend.  Gmi1005_2

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GMI: 6; QQQQ in 25th day of up-trend; PAY jumps

Friday, October 5, 2007 @ 12:01 am by Dr. Wish

The GMI is still at a maximum level of 6 and the QQQQ is in its 25th day of its short term up-trend.  The Worden T2108 indicator is 79%.  Judy’s pick, PAY, vaults 4% on Thursday (I own it).

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Current GMI Signal

RED

since close on JUL 20, 2026

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.
ENLT6/18/25$20.44$82.01301.22%
SFM1/29/24$49.45$79.7761.31%
CRS4/23/24$79.66$533.93570.26%
AGX9/6/24$76.70$496.92547.87%
BTSG9/9/25$25.57$70.97177.55%
APP9/17/24$116.09$401.93246.22%
EAT10/1/24$78.33$206.76163.96%
PLTR11/5/24$44.91$125.67179.83%
ALMS1/6/26$13.53$26.3394.60%
BE8/22/25$44.95$170.20278.64%
CLS5/1/25$87.00$327.57276.52%
RGC5/1/25$1.55$5.93282.58%
CCJ6/9/25$62.55$85.1236.08%
RHLD8/12/25$54.05$124.13129.66%
GEV5/20/25$447.50$911.11103.60%
CLS6/25/25$144.27$327.57127.05%
MIRM8/7/2025$54.23$109.91102.67%
CCJ6/9/25$62.55$85.1236.08%
WDC9/4/25$86.66$479.46453.27%
SNDK9/4/25$58.36$1,044.951690.52%
STX6/3/2025$117.67$797.12577.42%
TTMI6/3/25$30.41$102.46236.93%
MU9/29/25$157.54$777.85393.75%
INBX7/8/25$18.95$79.04317.10%
SPHR9/11/25$56.08$137.37144.95%
FIX7/24/25$553.09$1,530.12176.65%
MU9/25/25$157.54$777.85393.75%

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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: $IMAX had a high volume GLB (green line breakout) on July 23rd when they reported earnings, and closed Tuesday at an ATH. Homer would be proud, and rich……
  • Blog: Modified Daily Guppy chart shows the current trend for $QQQ. QQQ is very oversold with Friday’s SFS (super fast stochastic) below 10. So QQQ may bounce this week. GMI remains RED, however. See Guppy charts for QQQ, AAPL, JNJ and the GMI table.
  • Blog: Day 14 of $QQQ short term down-trend; UGA, the U.S. gasoline fund had an ATH today and a GLB last March. See weekly and monthly charts.
  • Blog: Day 13 of $QQQ short term down-trend; TESLA and GOOGL had BWR down-trends in their daily modified Guppy charts and swooned tonight. A BWR down-trend may predict bad earnings news. See their charts and NFLX.
  • Blog: Day 12 of $QQQ short term down-trend; there was a blue dot oversold bounce on Friday setting up the recent rally, see daily chart; the GMI flashes RED.

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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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