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$SSTI breaks out again, after 2 green dot signals

Thursday, June 7, 2018 @ 9:36 pm by Dr. Wish
GMI6/6
GMI-28/9
T210869%

I wrote about SSTI as the new Taser stock on March 19 when it was 23.54. It consolidated and then broke out again. See weekly chart. Stocks that double often go on to double again.

Note the green dot signals on the daily chart.

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Utilities ETF $XLU collapses with rising rates; 25th day of $QQQ short term up-trend

Wednesday, June 6, 2018 @ 9:06 pm by Dr. Wish
GMI6/6
GMI-28/9
T210868%

 

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$QQQ holds break-out; 24th day of $QQQ short term up-trend

Tuesday, June 5, 2018 @ 9:49 pm by Dr. Wish
GMI6/6
GMI-28/9
T210866%

QQQ continues beyond break-out level. Note the Bollinger Band expansion.

 

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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$174.10239.11%
SFM1/29/24$49.45$140.54184.21%
CRS4/23/24$79.66$240.88202.39%
AGX9/6/24$76.70$228.22197.55%
BKNG9/16/24$3,918.00$5,599.0542.91%
APP9/17/24$116.09$478.59312.26%
DUOL9/18/24$245.87$297.8621.15%
EAT10/1/24$78.33$155.9899.13%
NFLX10/18/24$700.99$1,208.2572.36%
LRN10/23/24$69.70$163.19134.13%
PLTR11/5/24$44.91$156.71248.94%
SPOT11/6/24$387.44$681.8876.00%
CRWD4/24/25$398.33$423.706.37%
CLS5/1/25$87.00$194.75123.85%
RGC5/1/25$1.55$14.05806.45%
LMB5/6/25$107.00$114.567.07%
SEZL5/9/25$79.59$94.6018.86%
CRWV5/14/25$64.62$103.0459.46%
GEV5/20/25$447.50$612.9736.98%
NVDA6/3/25$140.76$174.1823.74%
TSSI6/6/2025$18.26$13.93-23.71%
CCJ6/9/25$62.55$77.3923.73%
ORCL6/12/25$198.31$226.1314.03%

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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 4 of $QQQ short term up-trend; $GOOGL holds GLB, see weekly and daily charts; Holding my nose and flying on instruments with $TQQQ
  • Blog Post: Day 2 of $QQQ short term up-trend; Stocks are strengthening and $QQQ remains in a daily RWB up-trend and has closed above all 12 moving averages, see adapted daily Guppy chart; starting to slowly accumulate $TQQQ
  • Blog Post: Day 2 of $QQQ short term down-trend, likely to end on Monday; Les Masonson’s new book about TQQQ and leveraged ETFs just published!
  • Blog Post: Day 1 of new $QQQ short term down-trend; however, 40% end within 5 days; 3 biotechs (HALO, ALNY, RYTM) reached an ATH, see list of 24 stocks that reached an ATH on Thursday.
  • Blog Post: Day 81 of $QQQ short term up-trend, it may end Thursday; Mainly in cash during the post-earnings release lull; Many stocks had an oversold bounce on Tuesday, see $PLTR as an example.

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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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