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4th day of QQQ short term up-trend

Wednesday, July 6, 2011Tuesday, July 5, 2011 @ 7:00 am by Dr. Wish

GMI6/6

GMI-25/9

T210870%

GMI is at 6 and this rally may have staying power.

GMI rises to 3; new QQQ short term up-trend

Thursday, June 30, 2011Wednesday, June 29, 2011 @ 7:00 am by Dr. Wish

GMI3/6

GMI-23/9

T210847%

While IBD continues to label the market in a correction, my short term trend indicator for the QQQ turned up. I do not trust a change in trend until it lasts 5 days. Stay tuned.

GMI rises to 2; 26th day of QQQ short term down-trend

Wednesday, June 29, 2011Tuesday, June 28, 2011 @ 7:00 am by Dr. Wish

GMI2/6

GMI-23/9

T210839%

IBD still considers the market to be in a correction. My GMI indicators climbed on Tuesday. It remains to be see whether this market can rise after the 2nd quarter is over.

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.	Date	GLB $	Now $	Chg.
FTAI	10/26/23	$34.79	$100.75	189.59%
META	1/23/24	$384.33	$599.27	55.93%
APP	9/17/24	$116.09	$301.84	160.01%
COST	12/11/23	$615.27	$1,014.89	64.95%
GDDY	11/22/23	$93.75	$182.19	94.34%
WING	11/15/23	$223.77	$269.22	20.31%
CAVA	4/22/24	$58.10	$95.84	64.96%
CAH	11/3/23	$95.45	$151.99	59.24%
PGR	10/13/23	$149.87	$282.16	88.27%
NFLX	10/18/24	$700.99	$1,134.06	61.78%
MPTI	10/9/23	$21.00	$55.76	165.52%
AGX	9/6/24	$76.70	$165.38	115.62%
SFM	1/29/24	$49.45	$172.71	249.26%
CBOE	8/4/23	$138.54	$231.67	67.22%
VST	8/4/23	$27.96	$140.00	400.72%
MOD	8/3/23	$37.62	$90.36	140.19%
VRT	8/2/23	$28.80	$94.83	229.27%
PSN	8/2/23	$50.15	$61.02	21.67%
PHM	4/25/23	$63.90	$103.67	62.24%
CRS	4/23/24	$79.66	$211.92	166.03%
IBKR	2/9/24	$95.59	$179.54	87.82%
EAT	10/1/24	$78.33	$128.68	64.28%
DUOL	9/18/24	$245.87	$494.13	100.97%
HWM	11/14/23	$51.34	$154.34	200.62%
LRN	10/23/24	$69.70	$160.72	130.59%
SPOT	11/6/24	$387.44	$637.65	64.58%
CRS	4/23/24	$79.66	$211.92	166.03%