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Dr. Wish

14th day of QQQ short term up-trend; RMD break-out

Friday, August 17, 2012Thursday, August 16, 2012 @ 7:00 am by Dr. Wish
GMI6/6
GMI-26/9
T210874%

There were 4 stocks out of the 24 that came up in my great fundamentals and new 52 week high scan that have been on one of my IBD50 or New America lists in the past:   SBS, ASH, RMD, LL.   RMD has recently broken out of a two year base. Check out this weekly chart of RMD.

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13th day of QQQ short term up-trend; LL climbs to all-time high

Thursday, August 16, 2012Wednesday, August 15, 2012 @ 7:00 am by Dr. Wish
GMI5/6
GMI-26/9
T210870%

Stocks with good earnings and hitting a new high on Wednesday:   CCI,ELLI,CNQR,LL,ASPS,TLLP,XOM,CINF,OSIS,HD,RMD,HSNI,MIC.

Check out this weekly chart of LL, which hit an all-time high on Wednesday. Click on chart to enlarge.

 

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12th day of QQQ short term up-trend

Wednesday, August 15, 2012Tuesday, August 14, 2012 @ 7:00 am by Dr. Wish
GMI5/6
GMI-26/9
T210869%

Markets remain in up-trend.

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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$88.60333.46%
SFM1/29/24$49.45$74.6150.88%
CRS4/23/24$79.66$555.13596.87%
AGX9/6/24$76.70$602.18685.11%
SATS8/26/25$50.21$0.20-99.60%
APP9/17/24$116.09$424.60265.75%
EAT10/1/24$78.33$195.01148.96%
PLTR11/5/24$44.91$134.85200.27%
ALMS1/6/26$13.53$27.98106.80%
BE8/22/25$44.95$197.06338.40%
CLS5/1/25$87.00$307.34253.26%
RGC5/1/25$1.55$5.10229.03%
CCJ6/9/25$62.55$84.8535.65%
RHLD8/12/25$54.05$133.46146.92%
GEV5/20/25$447.50$1,079.18141.16%
CLS6/25/25$144.27$307.34113.03%
MIRM8/7/2025$54.23$116.62115.05%
CCJ6/9/25$62.55$84.8535.65%
WDC9/4/25$86.66$487.42462.45%
SNDK9/4/25$58.36$1,390.952283.40%
STX6/3/2025$117.67$802.45581.95%
TTMI6/3/25$30.41$133.17337.92%
MU9/29/25$157.54$865.46449.36%
INBX7/8/25$18.95$84.09343.75%
SPHR9/11/25$56.08$137.54145.26%
FIX7/24/25$553.09$1,712.18209.57%

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  • About the General Market Index (GMI)
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  • How to use IBD 100 and New America stocks and TC2007 to find potential rocket stocks; Market rally begins
  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
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  • In the hospital. Will resume posting next week. Thank you for your patience.
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  • 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: Day 10 of $QQQ short term down-trend; as expected, QQQ found support at lower 15.2 daily Bollinger Band; See how modified daily Guppy chart would have gotten you out of NFLX well before its post-earnings swoon last week. GMI=3
  • Blog: Day 8 of $QQQ short term down-trend; QQQ is still in a consolidation, see daily chart and modified Guppy chart.
  • Blog: Day 6 of continuing $QQQ short term down-trend; Technical weakness resumes but QQQ has not broken out of its current consolidation yet.
  • Blog: Day 5 of $QQQ short term down-trend, could turn up on Monday; GMI=3 but GMI2=7 see Table; QQQ might break out of its consolidation this week with earnings, see daily chart.
  • Blog: Weekly chart shows QQQ strengthens yet again!!!! QQQ short term trend could also turn up Friday. Spy has behaved better, compare their weekly charts.

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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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