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42nd day of $QQQ short term up-trend

Wednesday, April 20, 2016 @ 10:05 pm by Dr. Wish
GMI6/6
GMI-25/9
T210882%
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41st day of $QQQ short term up-trend; dollar in the dumps

Tuesday, April 19, 2016 @ 8:35 pm by Dr. Wish
GMI6/6
GMI-26/9
T210884%

Dollar continues its decline.

Screen Shot 2016-04-19 at 8.35.03 PM

 

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40th day of $QQQ short term up-trend, $TQQQ up 24%; GLB: $HAS

Monday, April 18, 2016 @ 8:45 pm by Dr. Wish
GMI6/6
GMI-27/9
T210884%

If I had bought TQQQ on the first day of this QQQ short term up-trend on 2/22, I would now have a 24.4% gain.

HAS had a GLB on Monday on a huge gap up on unusually large volume.

Screen Shot 2016-04-18 at 8.40.35 PM

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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$113.35225.81%
META1/23/24$384.33$633.9364.94%
APP9/17/24$116.09$363.42213.05%
COST12/11/23$615.27$1,026.5566.85%
GDDY11/22/23$93.75$182.7794.95%
WING11/15/23$223.77$320.7143.32%
CAVA4/22/24$58.10$83.8044.23%
CAH11/3/23$95.45$153.6260.94%
PGR10/13/23$149.87$280.9887.48%
NFLX10/18/24$700.99$1,192.6770.14%
MPTI10/9/23$21.00$45.92118.67%
AGX9/6/24$76.70$191.46149.62%
SFM1/29/24$49.45$165.03233.73%
CBOE8/4/23$138.54$227.7664.40%
VST8/4/23$27.96$152.10443.99%
MOD8/3/23$37.62$94.56151.36%
VRT8/2/23$28.80$103.10257.99%
PSN8/2/23$50.15$67.1533.90%
PHM4/25/23$63.90$99.0254.96%
CRS4/23/24$79.66$228.79187.21%
IBKR2/9/24$95.59$205.16114.62%
EAT10/1/24$78.33$144.3584.28%
DUOL9/18/24$245.87$513.53108.86%
HWM11/14/23$51.34$162.68216.87%
LRN10/23/24$69.70$156.19124.09%
SPOT11/6/24$387.44$641.7665.64%
CRS4/23/24$79.66$228.79187.21%

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  • Bog Post: Day 18 of $QQQ short term up-trend; $QBTS has high volume GLB, see daily and monthly charts.
  • Blog Post: Day 17 of $QQQ short term up-trend; 7 of 32 stocks in my growth watchlist of 687 stocks that reached an ATH on Monday were in the Aerospace & Defense industry, $HWM and $AXON have already doubled, see list.
  • Blog Post: Day 16 of $QQQ short term up-trend; Major indexes are still not in confirmed up-trends yet, see weekly charts of $SPY and explanation. Boston IBD Meetup for 5/21 is full but register to receive free recording.
  • Blog Post: Day 15 of $QQQ short term up-trend; Here are 15 stocks from my growth watchlist that reached an ATH Thursday; note 4 are from the aerospace & defense industry.
  • Blog Post: Day 14 of $QQQ short term up-trend; Blue dots have helped me find strong stocks bouncing from oversold, see daily chart of AMZN; learn about the blue dot at my presentation to the Boston IBD Meetup on 5/21, register on blog.

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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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