Archive for the ‘ My Favorite Posts ’ Category

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Feb 22.15 / Dr. Wish
An important limitation of the GMI signals

I have found that since 2006, the GMI has done a good job of keeping me on the side of the general market trend. It is my cardinal rule to trade consistent with the market trend.  While the GMI has helped me to exit the market in prior major declines, I have discovered an important […]

Oct 05.14 / Dr. Wish
6th day of $QQQ short term down-trend; 11 Biotechs with green line break-outs: $ARDX,$VRTX,$AGIO,$UTHR,$RCPT,$ESPR,$OVAS,$PTCT,$CMRX,$BSTC,$TTPH

The GMI remains on a Sell signal and I remain largely in cash and hedged.  I do hold a few biotech stocks, see discussion below. This market is rebounding from a high volume decline. It remains to be seen whether this rebound will retake prior peaks or falter somewhere before. This week is very critical […]

Sep 28.14 / Dr. Wish
This market is not out of the woods; Finding bio-tech stars like $AGIO and $VRTX

The GMI now registers 1 and flashed a Sell signal as of Friday’s close and my QQQ short term trend  has turned down.  Sometimes these changes in short term trend do not persist for more than a day or two, so I watch the market action very closely.   There are a lot of other technical […]

Sep 01.14 / Dr. Wish
New Rocket Scan; 12th day of $QQQ short term up-trend; $THRM, $LEA-cup and handle

One of the best areas of support for a rising stock is its 10 week moving average. A lot of rocket stocks rest there and then resume their rise.  I created a new TC2000 scan that scans over 6,000 U.S. stocks for a strong rocket pattern and a bounce up off of the stock’s ten […]

Aug 03.14 / Dr. Wish
GMI Successful 10 Day New High Indicator Predicted Current Decline; $T2108 indicator, $AAPL

As you know, I like to focus on stocks breaking to new 52 week highs.  Strength usually begets strength. One of the things that my stock gurus (Livermore, Darvas, O’Neil) have noticed  is that when a lot of the the types of stocks they traded broke out and did not continue higher it  often provided […]

Jun 08.14 / Dr. Wish
What a market top looks like

I teach my students to let the action of the market reveal its true nature.  Ignore the interpretations of the media pundits, who are typically most interested in selling their advice. Many of these pundits have been warning of an imminent market top.  They have their many logical scenarios and use fundamentals and statisitcs  to […]

May 26.14 / Dr. Wish
Ignore the media pundits–Stage Analysis shows markets remain in up-trend

Every time I open my browser it opens the webpage.  This site is a wonderful way to keep up on the trend of the market during market hours.  It also has many great articles.  However, I am struck by the number of pundits who have recently written about the tough market that we have […]

Dec 09.13 / Dr. Wish
Yes, one can time the market!; IBD 50 lists outperform on gainers and decliners

The media pundits say it is impossible to time the markets.  By making investing appear complex and beyond most people, they protect their jobs and the jobs of many financial advisers.  I have been able to use a few simple indicators to keep me out of the major market declines.  I protected my pension from […]

Nov 24.13 / Dr. Wish
GMI based strategy using 3X ETF’s beats IBD 50 stocks

I decided to look at how IBD 50 stocks have performed during the time since September 4, when the GMI issued the  buy signal, that is still in effect. I examined seven IBD 50 lists that had been published, beginning with the one from 2/7/3013.  Using TC2000 I computed the percentage of the stocks in […]

Nov 08.13 / Dr. Wish
20th day of QQQ short term up-trend; How daily MACD histogram predicted decline

IBD now calls the “Uptrend under pressure.’ Meanwhile, I had already closed out my position in TQQQ earlier in the week.  Why?  I posted last Sunday night that I saw technical weakening in the QQQ, based on its diminishing stochastics and MACD histogram.  Both indicators have continued to weaken.  I want to show you, how […]

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