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Blog Post: Day 4 of $QQQ short term up-trend; $PANW has cup and handle and GLB to ATH, to report earnings on 11/20

Monday, November 11, 2024 @ 9:13 pm by Dr. Wish
GMI6/6
GMI-27/9
T210858%
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Blog Post: Day 3 of $QQQ short term up-trend; my 10:30 weekly chart shows that $QQQ remains in a long term up-trend that began in April, 2023 and the GMI = 6 (of 6) and GREEN

Sunday, November 10, 2024Sunday, November 10, 2024 @ 7:40 pm by Dr. Wish
GMI6/6
GMI-27/9
T210858%
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Blog Post: Day 2 of $QQQ short term up-trend; $QQQ back in daily RWB pattern, also $SPY and $DIA, see charts.

Thursday, November 7, 2024 @ 10:10 pm by Dr. Wish
GMI6/6
GMI-27/9
T210857%

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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$203.57296.51%
SFM1/29/24$49.45$105.31112.96%
CRS4/23/24$79.66$320.39302.20%
AGX9/6/24$76.70$298.00288.53%
BKNG9/16/24$3,918.00$5,178.0632.16%
APP9/17/24$116.09$629.31442.09%
DUOL9/18/24$245.87$279.6913.76%
EAT10/1/24$78.33$118.6751.50%
NFLX10/18/24$700.99$1,099.0456.78%
LRN10/23/24$69.70$74.947.52%
PLTR11/5/24$44.91$196.61337.79%
SPOT11/6/24$387.44$669.4072.78%
CRWD4/24/25$398.33$547.5237.45%
CLS5/1/25$87.00$341.88292.97%
RGC5/1/25$1.55$16.69976.77%
CCJ6/9/25$62.55$107.3571.62%
SEZL5/9/25$79.59$72.47-8.95%
CRWV5/14/25$64.62$136.98111.98%
GEV5/20/25$447.50$576.3628.80%
NVDA6/3/25$140.76$205.9246.29%
MIRM8/7/2025$54.23$71.3231.51%
CCJ6/9/25$62.55$107.3571.62%
ORCL6/12/25$198.31$276.0039.18%
QBTS5/20/25$13.23$34.00156.99%
IONQ9/12/25$54.74$61.1811.76%
HOOD6/30/25$85.60$146.2270.82%
IREN9/9/2025$28.25$60.92115.65%

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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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  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • In the hospital. Will resume posting next week. Thank you for your patience.
  • 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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