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11th day of $QQQ short term up-trend

Thursday, February 19, 2015 @ 8:43 pm by Dr. Wish
GMI6/6
GMI-28/9
T210862%

My indicators remain all positive.

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10th day of $QQQ short term up-trend

Wednesday, February 18, 2015 @ 9:24 pm by Dr. Wish
GMI6/6
GMI-28/9
T210862%

GMI is back to 6 (of 6).

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11th day of $QQQ short term up-trend; have treasury bonds peaked?

Tuesday, February 17, 2015 @ 6:08 pm by Dr. Wish
GMI5/6
GMI-28/9
T210863%

This daily chart of TLT, the ETF of the 20 year treasury bonds, is showing possible signs of the long awaited bottom in interest rates.

TLT02172015

As is IEF, the ETF for the 7-10 year treasury bonds.

IEF02172015

The price of bonds falls as investors fear a rise in interest rates.

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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$113.14225.21%
META1/23/24$384.33$713.5785.67%
APP9/17/24$116.09$336.00189.43%
COST12/11/23$615.27$982.3659.66%
GDDY11/22/23$93.75$175.4387.13%
WING11/15/23$223.77$326.2945.81%
CAVA4/22/24$58.10$82.7142.36%
CAH11/3/23$95.45$161.9869.70%
PGR10/13/23$149.87$257.8072.02%
NFLX10/18/24$700.99$1,284.8683.29%
MPTI10/9/23$21.00$40.1191.00%
AGX9/6/24$76.70$206.15168.77%
SFM1/29/24$49.45$159.90223.36%
CBOE8/4/23$138.54$231.3566.99%
VST8/4/23$27.96$187.02568.88%
MOD8/3/23$37.62$102.22171.72%
VRT8/2/23$28.80$124.33331.70%
PSN8/2/23$50.15$73.9147.38%
PHM4/25/23$63.90$111.3474.24%
CRS4/23/24$79.66$275.05245.28%
IBKR2/9/24$95.59$58.22-39.09%
EAT10/1/24$78.33$181.73132.01%
DUOL9/18/24$245.87$397.0061.47%
HWM11/14/23$51.34$175.95242.72%
LRN10/23/24$69.70$137.6297.45%
SPOT11/6/24$387.44$709.5083.13%
CRS4/23/24$79.66$275.05245.28%

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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 45 of $QQQ short term up-trend; $HOOD takes off with a high volume GLB and closes at ATH, see daily and monthly charts.
  • Blog Post: Day 44 of $QQQ short term up-trend; TA works also for mutual funds; See GLB last week in Fidelity Contrafund, $FCNKX, and learn how I analyze the market and a great source to limit losses.
  • Blog Post: Day 43 of $QQQ short term up-trend; So many breakouts–$RKLB had a high volume GLB on Thursday, see daily and monthly charts.
  • Blog Post: $CLS had GLB on Wednesday. See daily and weekly charts.
  • Blog Post: Day 41 of $QQQ short term up-trend; $QQQ had a blue dot oversold bounce on Monday, see daily chart; $CRDO and $PWR had a GLB on Tuesday, see charts.

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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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