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30th day of $QQQ short term up-trend; GLB $AAOI holding up

Monday, January 23, 2017 @ 11:01 pm by Dr. Wish
GMI5/6
GMI-27/9
T210856%

AAOI had a GLB with a gap up a few days ago and is holding up.

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28th day of $QQQ short term up-trend; longer term trends in RWB advance

Friday, January 20, 2017 @ 6:16 am by Dr. Wish
GMI5/6
GMI-27/9
T210855%

The market (SPY/QQQ/DIA) remains in short and longer term trend up-trends. The QQQ remains in an RWB up-trend.

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27th day of $QQQ short term up-trend; thank you Annapolis IBD meetup

Thursday, January 19, 2017 @ 6:08 am by Dr. Wish
GMI5/6
GMI-27/9
T210861%

I had a wonderful night making a presentation to the IBD meetup near Annapolis. Thank you to Vicki,   Don and all of the gracious attendees. Let me know if you want to be put on the mailing list for their future meetings.

 

 

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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$201.04291.59%
SFM1/29/24$49.45$106.80115.98%
CRS4/23/24$79.66$309.95289.09%
AGX9/6/24$76.70$292.46281.30%
BKNG9/16/24$3,918.00$5,120.5730.69%
APP9/17/24$116.09$626.82439.94%
DUOL9/18/24$245.87$293.8819.53%
EAT10/1/24$78.33$124.2658.64%
NFLX10/18/24$700.99$1,102.5057.28%
LRN10/23/24$69.70$153.53120.27%
PLTR11/5/24$44.91$189.60322.18%
SPOT11/6/24$387.44$653.4368.65%
CRWD4/24/25$398.33$546.9437.31%
CLS5/1/25$87.00$326.45275.23%
RGC5/1/25$1.55$17.281014.84%
CCJ6/9/25$62.55$106.9170.92%
SEZL5/9/25$79.59$72.10-9.41%
CRWV5/14/25$64.62$134.80108.60%
GEV5/20/25$447.50$570.9827.59%
NVDA6/3/25$140.76$201.0342.82%
MIRM8/7/2025$54.23$70.5130.02%
CCJ6/9/25$62.55$106.9170.92%
ORCL6/12/25$198.31$280.8341.61%
QBTS5/20/25$13.23$32.00141.87%
IONQ9/12/25$54.74$57.154.40%
HOOD6/30/25$85.60$146.2570.85%
IREN9/9/2025$28.25$62.42120.96%

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  • About the General Market Index (GMI)
  • Welcome to the new *and improved* Wishing Wealth
  • How to use IBD 100 and New America stocks and TC2007 to find potential rocket stocks; Market rally begins
  • The new 3x ETF’s–triple your pleasure — or pain
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
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  • How I use put options as investment insurance
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • 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 44 of $QQQ short term up-trend; $AAPL retakes green line, see daily chart. The GMI=6 (of 6) and Green, see Table.
  • Blog Post: Day 43 of $QQQ short term up-trend; “Come Back at Halloween.” Barring bad inflation news Friday, my indicators suggest a continuing up-trend, see weekly chart and explanation.
  • Blog Post: Day 42 of $QQQ short term up-trend; $AAPL has failed GLB, earnings next week, be careful of failed setups.
  • Blog Post: Day 40 of $QQQ short term up-trend; Up-trend continues, GMI=6 and $AAPL has a GLB after a Blue Dot of Happiness signal, see daily chart.
  • Blog Post: Day 39 of $QQQ short term up-trend; Much weakness on Friday: more new lows than highs and only 8 at ATH, lowest since April 24! Another possible head and shoulder’s top forming, see daily chart. GMI=4 but Green, see table.

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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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