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7th day of $QQQ short term up-trend

Friday, May 11, 2018 @ 7:07 am by Dr. Wish
GMI6/6
GMI-28/9
T210864%
1 Comment

6th day of $QQQ short term up-trend

Wednesday, May 9, 2018 @ 11:10 pm by Dr. Wish
GMI6/6
GMI-28/9
T210860%
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5th day of $QQQ short term up-trend

Tuesday, May 8, 2018 @ 10:48 pm by Dr. Wish
GMI6/6
GMI-28/9
T210857%

GMI is back to 6 (of 6) for the first time since April 19.

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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$114.46229.00%
META1/23/24$384.33$628.8563.62%
APP9/17/24$116.09$355.08205.87%
COST12/11/23$615.27$1,010.3564.21%
GDDY11/22/23$93.75$183.3395.55%
WING11/15/23$223.77$322.0043.90%
CAVA4/22/24$58.10$83.6944.04%
CAH11/3/23$95.45$152.7360.01%
PGR10/13/23$149.87$277.8285.37%
NFLX10/18/24$700.99$1,189.1169.63%
MPTI10/9/23$21.00$44.73113.00%
AGX9/6/24$76.70$201.51162.72%
SFM1/29/24$49.45$163.74231.12%
CBOE8/4/23$138.54$231.1766.86%
VST8/4/23$27.96$157.79464.34%
MOD8/3/23$37.62$90.60140.83%
VRT8/2/23$28.80$104.20261.81%
PSN8/2/23$50.15$66.3032.20%
PHM4/25/23$63.90$98.2753.79%
CRS4/23/24$79.66$231.46190.56%
IBKR2/9/24$95.59$207.21116.77%
EAT10/1/24$78.33$154.6397.41%
DUOL9/18/24$245.87$519.96111.48%
HWM11/14/23$51.34$165.25221.87%
LRN10/23/24$69.70$153.13119.70%
SPOT11/6/24$387.44$653.9268.78%
CRS4/23/24$79.66$231.46190.56%

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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 20 of $QQQ short term up-trend; Thank you for attending my presentation to the Boston IBD Meetup last night, recording is coming to all who registered. See my TC2000 Scan.
  • Bog Post: Day 18 of $QQQ short term up-trend; $QBTS has high volume GLB, see daily and monthly charts.
  • Blog Post: Day 17 of $QQQ short term up-trend; 7 of 32 stocks in my growth watchlist of 687 stocks that reached an ATH on Monday were in the Aerospace & Defense industry, $HWM and $AXON have already doubled, see list.
  • 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.

Blogroll

  • Barchart All-Time Highs
  • Blue Collar Investor
  • CNNMoney: Pre-market Futures
  • Dark Liquidity
  • Seeking Alpha
  • Stock Chartist

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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