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6th day of $QQQ short term up-trend; $AAPL breaks out

Wednesday, February 11, 2015 @ 8:43 pm by Dr. Wish
GMI5/6
GMI-28/9
T210857%

AAPL has quietly broken out to all-time highs.

AAPL02112015

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5th day of $QQQ short term up-trend; channel break-out!

Tuesday, February 10, 2015 @ 8:35 pm by Dr. Wish
GMI6/6
GMI-28/9
T210862%

The QQQ has broken up out of the channel! Buying TQQQ.

QQQ02092015

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4th day of $QQQ short term up-trend

Monday, February 9, 2015 @ 9:06 pm by Dr. Wish
GMI4/6
GMI-25/9
T210860%

Markets remain range bound. With moving averages pretty flat, the market remains prone to whip-saws.

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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$117.02236.36%
META1/23/24$384.33$642.9067.28%
APP9/17/24$116.09$366.09215.35%
COST12/11/23$615.27$1,007.4663.74%
GDDY11/22/23$93.75$190.01102.68%
WING11/15/23$223.77$306.6537.04%
CAVA4/22/24$58.10$100.0872.25%
CAH11/3/23$95.45$151.8359.07%
PGR10/13/23$149.87$281.1887.62%
NFLX10/18/24$700.99$1,174.3867.53%
MPTI10/9/23$21.00$47.53126.33%
AGX9/6/24$76.70$182.75138.27%
SFM1/29/24$49.45$161.37226.33%
CBOE8/4/23$138.54$218.7657.90%
VST8/4/23$27.96$152.87446.75%
MOD8/3/23$37.62$102.33172.01%
VRT8/2/23$28.80$105.73267.12%
PSN8/2/23$50.15$68.0235.63%
PHM4/25/23$63.90$102.7760.83%
CRS4/23/24$79.66$233.28192.84%
IBKR2/9/24$95.59$206.24115.75%
EAT10/1/24$78.33$147.7288.59%
DUOL9/18/24$245.87$530.54115.78%
HWM11/14/23$51.34$161.31214.20%
LRN10/23/24$69.70$154.18121.21%
SPOT11/6/24$387.44$637.1764.46%
CRS4/23/24$79.66$233.28192.84%

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  • About the General Market Index (GMI)
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  • 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 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.
  • Blog Post: Day 13 of $QQQ short term up-trend; Register NOW to get the free recording of my presentation to the Boston IBD Meetup on 5/21; $TQQQ beats most individual stocks again, see daily chart!
  • Sign up for my free webianr at the Boston IBD Meetup for 5/21, get free recording. Link is below..
  • 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.

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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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