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Blog Post: 11th day of $QQQ short term down-trend, could end Friday; 75 US new highs and 64 lows, see list of 11 at ATH

Thursday, November 2, 2023 @ 9:21 pm by Dr. Wish
GMI1/6
GMI-26/9
T210839%

11 growth stocks at ATH, sorted by last column, close/minimum price last 250 days.

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Blog Post: Day 10 of $QQQ short term down-trend; IBD calls Market in Confirmed Uptrend; We shall see, only 33 US new highs and 153 lows on Wednesday; $QQQ retakes 30 week average, see chart, but will it hold, $AAPL earnings on deck

Wednesday, November 1, 2023 @ 9:00 pm by Dr. Wish
GMI0/6
GMI-24/9
T210825%

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Blog Post: Day 9 of $QQQ short term down-trend; 18 US new highs and 112 lows; $QQQ up against resistance; in treasury bills, $TBIL, and money market funds earning 5%+

Tuesday, October 31, 2023 @ 9:56 pm by Dr. Wish
GMI0/6
GMI-21/9
T210821%

It remains to be seen whether QQQ can close back above the declining trend channel line. Prior support becomes resistance.

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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$186.49263.25%
SFM1/29/24$49.45$136.44175.92%
CRS4/23/24$79.66$240.49201.90%
AGX9/6/24$76.70$233.20204.04%
BKNG9/16/24$3,918.00$5,469.0439.59%
APP9/17/24$116.09$581.15400.60%
DUOL9/18/24$245.87$302.8823.19%
EAT10/1/24$78.33$154.9597.82%
NFLX10/18/24$700.99$1,187.9369.46%
LRN10/23/24$69.70$159.15128.34%
PLTR11/5/24$44.91$171.35281.54%
SPOT11/6/24$387.44$693.9679.11%
CRWD4/24/25$398.33$437.899.93%
CLS5/1/25$87.00$241.89178.03%
RGC5/1/25$1.55$14.78853.55%
LMB5/6/25$107.00$106.35-0.61%
SEZL5/9/25$79.59$89.4312.36%
CRWV5/14/25$64.62$110.8571.54%
GEV5/20/25$447.50$627.6940.27%
NVDA6/3/25$140.76$177.8826.37%
TSSI6/6/2025$18.26$15.65-14.29%
CCJ6/9/25$62.55$77.9924.68%
ORCL6/12/25$198.31$294.8248.67%

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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
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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 13 of $QQQ short term up-trend; Many stocks at ATHs. $NET had an above average GLB, must not CLOSE below green line @221.64, see daily and monthly charts.
  • Blog Post: Day 11 of $QQQ short term up-trend; QQQ is gaining strength, H+S top pattern no more; $IREN had a high volume retake of its green line, see daily and monthly charts.
  • Blog Post: Day 9 of $QQQ short term up-trend; A most difficult and conflicted market, see daily chart of $QQQ and my thoughts.
  • Blog Post: Day 8 of $QQQ short term up-trend; $QQQ held the head and shoulders neckline–but will it overtake the right shoulder?
  • Blog Post Day 6 of $QQQ short term up-trend but likely will end on Wednesday; $GOOGL holds its green line and will likely gap up on Wednesday on news.

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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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