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57th day of QQQ short term up-trend; NTES at new all-time high

Tuesday, March 20, 2012Monday, March 19, 2012 @ 7:00 am by Dr. Wish
GMI6/6
GMI-26/9
T210865%

NTES broke to a new all-time high on Monday.   NTES came up on my new high and good fundamentals scan. See weekly chart below.

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56th day of QQQ short term up-trend; HLF breaks out

Monday, March 19, 2012Sunday, March 18, 2012 @ 7:00 am by Dr. Wish
GMI6/6
GMI-26/9
T210863%

The GMI remains at 6, and the up-trend continues. T2108 is at 63%, in neutral territory. GLD still looks weak, however. Meanwhile, HLF has broken from a base to an all-time high.   Check out this nice weekly chart.

 

 

 

 

 

 

 

 

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55th day of QQQ short term up-trend

Friday, March 16, 2012Thursday, March 15, 2012 @ 7:00 am by Dr. Wish
GMI6/6
GMI-26/9
T210864%

Options expire on Friday.

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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$116.86235.90%
META1/23/24$384.33$648.7068.79%
APP9/17/24$116.09$359.46209.64%
COST12/11/23$615.27$1,016.3065.18%
GDDY11/22/23$93.75$188.08100.62%
WING11/15/23$223.77$285.4927.58%
CAVA4/22/24$58.10$99.4171.10%
CAH11/3/23$95.45$148.9856.08%
PGR10/13/23$149.87$281.8488.06%
NFLX10/18/24$700.99$1,125.1660.51%
MPTI10/9/23$21.00$57.40173.33%
AGX9/6/24$76.70$175.02128.19%
SFM1/29/24$49.45$160.78225.14%
CBOE8/4/23$138.54$221.1259.61%
VST8/4/23$27.96$148.36430.62%
MOD8/3/23$37.62$102.99173.76%
VRT8/2/23$28.80$103.61259.76%
PSN8/2/23$50.15$65.4030.41%
PHM4/25/23$63.90$107.3067.92%
CRS4/23/24$79.66$220.28176.53%
IBKR2/9/24$95.59$200.16109.39%
EAT10/1/24$78.33$146.8287.44%
DUOL9/18/24$245.87$521.30112.02%
HWM11/14/23$51.34$157.54206.86%
LRN10/23/24$69.70$153.74120.57%
SPOT11/6/24$387.44$625.2061.37%
CRS4/23/24$79.66$220.28176.53%

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  • Blog Post: Day 12 of $QQQ short term up-trend; GMI=6 (of 6); Time for me to look for buys near ATHs; See $UBER GLB on daily and weekly charts.
  • Blog Post: Day 11 of $QQQ short term up-trend but all major indexes remain in Stage 4 down-trends, see weekly 10:30 charts of 4 indexes and the GMI table.
  • Blog Post: Day 8 of $QQQ short term up-trend; $BJ had another successful Blue Dot set-up, as did $GLD, see daily charts.
  • Blog Post: Day 7 of $QQQ short term up-trend and GMI flashes Green! 17 US stocks at ATHs and up at least 50% the past 12 months worthy of monitoring.
  • Blog Post: Day 6 of $QQQ short term up-trend; $QQQ. $DIA, $SPY, $IWM retake their 10 week averages! Keeping an eye on $UBER, see daily and monthly 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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