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Dr. Wish

4th day of QQQ short term up-trend; GILD green line break-out

Friday, August 3, 2012Friday, August 3, 2012 @ 7:00 am by Dr. Wish
GMI5/6
GMI-23/9
T210859%

As bumpy as this ride has been, the market remains in a short and longer term up-trend. IBD still sees the market in a confirmed up-trend…..

GILD hit a new all-time high on Thursday and broke out of a multi-year base, as shown by this monthly green line chart. Click on chart to enlarge. GILD is worth researching.

1 Comment

3rd day of QQQ short term up-trend

Thursday, August 2, 2012Wednesday, August 1, 2012 @ 7:00 am by Dr. Wish
GMI5/6
GMI-24/9
T210865%

Markets remain in short and longer term up-trends.

2 Comments

2nd day of QQQ short term up-trend; AAPL cup-with-handle break out coming?

Wednesday, August 1, 2012Wednesday, August 1, 2012 @ 7:00 am by Dr. Wish
GMI5/6
GMI-24/9
T210871%

I own and am keeping an eye on AAPL, which may be forming a powerful cup-with-handle pattern.   A close above 620 on volume higher than normal could be a major break-out. Take a look at this weekly chart of AAPL. The green line shows that AAPL is near its all-time peak.

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Current GMI Signal

GREEN

since close on APR 10, 2026

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.
ENLT6/18/25$20.44$81.58299.12%
SFM1/29/24$49.45$73.8649.36%
CRS4/23/24$79.66$443.60456.87%
AGX9/6/24$76.70$593.84674.24%
SATS8/26/25$50.21$134.15167.18%
APP9/17/24$116.09$485.51318.22%
EAT10/1/24$78.33$158.64102.53%
PLTR11/5/24$44.91$148.03229.61%
ALMS1/6/26$13.53$25.1385.74%
BE8/22/25$44.95$205.60357.40%
CLS5/1/25$87.00$393.51352.31%
RGC5/1/25$1.55$29.781821.29%
CCJ6/9/25$62.55$121.0793.56%
RHLD8/12/25$54.05$148.52174.78%
GEV5/20/25$447.50$994.88122.32%
CLS6/25/25$144.27$393.51172.76%
MIRM8/7/2025$54.23$97.2479.31%
CCJ6/9/25$62.55$121.0793.56%
WDC9/4/25$86.66$371.89329.14%
SNDK9/4/25$58.36$900.171442.44%
STX6/3/2025$117.67$549.93367.35%
TTMI6/3/25$30.41$120.39295.89%
MU9/29/25$157.54$458.56191.08%
INBX7/8/25$18.95$85.94353.51%
SPHR9/11/25$56.08$136.86144.04%
FIX7/24/25$553.09$1,628.27194.40%

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  • Blog Post, Day 6 of $QQQ short term up-trend; 10 of the 51 US stocks (out of 6,403) that traded at an ATH on Thursday are listed below; semiconductors are on fire! See list and daily chart of 3x ETF, SOXL.
  • Blog Post: Day 5 of $QQQ short term up-trend, GMI=6! QQQ has GLB to ATH! When GMI=6, my setups work best. See weekly chart of QQQ.
  • Blog Post: Day 4 of $QQQ short term up-trend; Gradually buying TQQQ; 213 US new highs and 5 lows; QQQ on way to ATH and GLB, see weekly chart. Get link to my upcoming presentation.
  • Blog Post: Day 3 of $QQQ short term up-trend; Stocks are breaking out and worth buying. Some stocks with a recent high volume GLB: ANRO, NBIS, VIRT, AEHR, see daily charts.
  • Blog post: Day 2 of $QQQ short term up-trend; GMI turns GREEN; QQQ must hold its 30 week average @607.12; Get the link to my free virtual presentation at the MoneyShow 2026 on April 22.

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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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