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Dr. Wish

GMI: 6; 20-42% of stocks advanced

Tuesday, October 9, 2007 @ 12:01 am by Dr. Wish

The GMI is still 6, but only 42% of the Nasdaq 100 stocks rose, along with 29% of the S&P 500 stocks and 20% of the Dow 30 stocks.  There were only 238 new highs in my universe of 4,000 stocks.  Monday was the 27th day in the short-term QQQQ up-trend.

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GMI: 6; T2108 indicator at peak

Monday, October 8, 2007 @ 11:12 pm by Dr. Wish

The GMI remains at 6, but the Worden T2108 indicator is about as high as it gets, 82%.  The QQQQ is in the 26th day of its short term up-trend.  Gmi1005_2

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GMI: 6; QQQQ in 25th day of up-trend; PAY jumps

Friday, October 5, 2007 @ 12:01 am by Dr. Wish

The GMI is still at a maximum level of 6 and the QQQQ is in its 25th day of its short term up-trend.  The Worden T2108 indicator is 79%.  Judy’s pick, PAY, vaults 4% on Thursday (I own it).

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Current GMI Signal

RED

since close on SEP 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.

Green Line Breakout stocks
Sym.DateGLB $Now $Chg.
ENLT6/18/25$20.44$65.66221.23%
SFM1/29/24$49.45$64.1129.65%
CRS4/23/24$79.66$387.99387.06%
AGX9/6/24$76.70$382.46398.64%
BTSG9/9/25$25.57$60.34135.98%
APP9/17/24$116.09$281.32142.33%
EAT10/1/24$78.33$188.72140.93%
PLTR11/5/24$44.91$189.14321.15%
ALMS1/6/26$13.53$7.01-48.19%
BE8/22/25$44.95$286.00536.26%
CLS5/1/25$87.00$383.97341.34%
RGC5/1/25$1.55$6.66329.68%
CCJ6/9/25$62.55$86.2237.84%
RHLD8/12/25$54.05$117.72117.80%
GEV5/20/25$447.50$974.87117.85%
CLS6/25/25$144.27$383.97166.15%
MIRM8/7/2025$54.23$82.1151.41%
CCJ6/9/25$62.55$86.2237.84%
WDC9/4/25$86.66$440.11407.86%
SNDK9/4/25$58.36$1,717.322842.63%
STX6/3/2025$117.67$897.50662.73%
TTMI6/3/25$30.41$135.05344.10%
MU9/29/25$157.54$1,058.99572.20%
INBX7/8/25$18.95$96.09407.07%
SPHR9/11/25$56.08$113.24101.93%
FIX7/24/25$553.09$1,721.42211.24%
MU9/25/25$157.54$1,058.99572.20%
VIK6/30/25$53.14$81.5853.52%

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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
  • Day 11 of $QQQ short term up-trend, its Weekly 10.4 Stochastic= 86, a sign of a strong up-trend, see GMI table; ARW had a nice high volume GLB to an ATH, see daily chart.
  • Day 10 of $QQQ short term up-trend; My modified daily Guppy chart below warned to abandon or short NKE long before tonight’s post earnings swoon. A chart is worth………. Come to my MoneyShow online appearance on October 20.
  • Day 8 of QQQ short term up-trend but TSLA has entered a Stage 4 down-trend. Only 13 stocks reached ATH Tuesday with 43 new yearly US highs and 149 lows. T2108=18%. Strange market.
  • Blog: Day 6 of $QQQ short term up-trend; Only 15 US stocks reached an ATH on Friday. One of them , PS, had a green line breakout, GLB. See its weekly chart below. If it closes back below the green line, @54.94 it would be a failed GLB. GMI=3 and RED, see table.
  • 20 year treasury bond, $TLT, has been in a daily BWR down-trend since early July, and T2108 has been since the middle of August! Modified Guppy charts tell the story.

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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