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Dr. Wish

Blog Post: Day 7 of the $QQQ short term up-trend; GMI returns to 6; $UBER finally has GLB and closes at an ATH, see daily and monthly charts

Thursday, January 18, 2024 @ 7:58 pm by Dr. Wish
GMI6/6
GMI-26/9
T210845%

UBER finally broke through its peak from February 2021.

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Blog Post: Day 6 of $QQQ short term up-trend; But the rapid swoon of $T2108 suggests considerable technical weakness in NYSE stocks, see daily chart and explanation

Wednesday, January 17, 2024 @ 10:46 pm by Dr. Wish
GMI4/6
GMI-26/9
T210844%

T2108 measures the percentage of NYSE stocks that have closed above their 40 day simple moving averages. After reaching close to 80% T2108 has rapidly declined to 44%.

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Blog Post: Day 5 of $QQQ short term up-trend; See list of 10 stocks at ATH, including $NVDA, $ELF and $MSFT once again

Tuesday, January 16, 2024 @ 10:49 pm by Dr. Wish
GMI4/6
GMI-27/9
T210850%

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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$80.61294.37%
SFM1/29/24$49.45$74.9651.59%
CRS4/23/24$79.66$446.78460.86%
AGX9/6/24$76.70$599.61681.76%
SATS8/26/25$50.21$127.39153.71%
APP9/17/24$116.09$432.24272.33%
EAT10/1/24$78.33$157.07100.52%
PLTR11/5/24$44.91$136.51203.96%
ALMS1/6/26$13.53$23.0370.21%
BE8/22/25$44.95$217.29383.40%
CLS5/1/25$87.00$390.58348.94%
RGC5/1/25$1.55$31.251916.13%
CCJ6/9/25$62.55$115.3984.48%
RHLD8/12/25$54.05$154.21185.31%
GEV5/20/25$447.50$1,004.71124.52%
CLS6/25/25$144.27$390.58170.73%
MIRM8/7/2025$54.23$96.4377.82%
CCJ6/9/25$62.55$115.3984.48%
WDC9/4/25$86.66$358.31313.47%
SNDK9/4/25$58.36$931.101495.44%
STX6/3/2025$117.67$520.28342.15%
TTMI6/3/25$30.41$121.36299.08%
MU9/29/25$157.54$443.15181.29%
INBX7/8/25$18.95$81.75331.40%
SPHR9/11/25$56.08$130.53132.76%
FIX7/24/25$553.09$1,658.00199.77%

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  • About the General Market Index (GMI)
  • Welcome to the new *and improved* Wishing Wealth
  • How to use IBD 100 and New America stocks and TC2007 to find potential rocket stocks; Market rally begins
  • The new 3x ETF’s–triple your pleasure — or pain
  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
  • In the hospital. Will resume posting next week. Thank you for your patience.
  • How I use put options as investment insurance
  • 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 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.
  • Blog Post: Day 1 of $QQQ short term up-trend; GMI=5; 113 US stocks reached an ATH; QQQ retakes 30 week average, but must hold above it to possibly begin a Stage 2 up-trend, but we are not there yet. Also, watch the 10 week average.
  • Blog Post: Day 41 of $QQQ short term down-trend; $QQQ finishing Stage 3 and may begin Stage 4 decline; I never fight the market’s trend. Only young people can wait out a decline and recovery. I believe that Boomers belong on the sidelines, protecting their hard earned savings and investments.
  • Blog post: Day 40 of $QQQ short term down-trend; Daily modified Guppy chart told you to get out of $RH long before Wednesday’s 19% drop. All major indexes remain in BWR down-trends. See $USO RWB up-trend.

Blogroll

  • Barchart All-Time Highs
  • Blue Collar Investor
  • CNNMoney: Pre-market Futures
  • Dark Liquidity
  • Seeking Alpha
  • Stock Chartist

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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