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$QQQ in daily RWB up-trend (as is $SPY)

Wednesday, April 10, 2019 @ 9:06 pm by Dr. Wish
GMI6/6
GMI-27/9
T210864%

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$PCMI retests GLB and shows strength and another green dot

Tuesday, April 9, 2019 @ 8:25 pm by Dr. Wish
GMI4/6
GMI-27/9
T210858%

Another sign of technical strength –it has already quadrupled since a year ago. As with people, a stock’s prior behavior is the best predictor of future behavior. The great Nicolas Darvas liked to buy stocks that had already doubled in the past year. TASR advanced 7x before doing it again.

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$WWE approaching green line, holding last green dot

Tuesday, April 9, 2019 @ 8:43 am by Dr. Wish
GMI5/6
GMI-27/9
T210866%

I have a small position in WWE. Will sell if green dot bounce does not hold. Will add on a green line break-out (GLB) to an ATH (all-time high).

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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$117.98239.12%
META1/23/24$384.33$640.3466.61%
APP9/17/24$116.09$362.34212.12%
COST12/11/23$615.27$1,025.8366.73%
GDDY11/22/23$93.75$190.20102.88%
WING11/15/23$223.77$321.0843.49%
CAVA4/22/24$58.10$96.8166.63%
CAH11/3/23$95.45$154.2561.60%
PGR10/13/23$149.87$286.0390.85%
NFLX10/18/24$700.99$1,191.5369.98%
MPTI10/9/23$21.00$48.08128.95%
AGX9/6/24$76.70$188.50145.76%
SFM1/29/24$49.45$168.68241.11%
CBOE8/4/23$138.54$220.9559.48%
VST8/4/23$27.96$156.62460.16%
MOD8/3/23$37.62$104.53177.86%
VRT8/2/23$28.80$106.04268.19%
PSN8/2/23$50.15$69.0037.59%
PHM4/25/23$63.90$104.4163.40%
CRS4/23/24$79.66$231.88191.09%
IBKR2/9/24$95.59$209.15118.80%
EAT10/1/24$78.33$151.6193.55%
DUOL9/18/24$245.87$529.05115.17%
HWM11/14/23$51.34$162.80217.10%
LRN10/23/24$69.70$154.50121.66%
SPOT11/6/24$387.44$656.3069.39%
CRS4/23/24$79.66$231.88191.09%

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  • 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 16 of $QQQ short term up-trend; Major indexes are still not in confirmed up-trends yet, see weekly charts of $SPY and explanation. Boston IBD Meetup for 5/21 is full but register to receive free recording.
  • Blog Post: Day 15 of $QQQ short term up-trend; Here are 15 stocks from my growth watchlist that reached an ATH Thursday; note 4 are from the aerospace & defense industry.
  • Blog Post: Day 14 of $QQQ short term up-trend; Blue dots have helped me find strong stocks bouncing from oversold, see daily chart of AMZN; learn about the blue dot at my presentation to the Boston IBD Meetup on 5/21, register on blog.
  • 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!
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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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