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Dr. Wish

GMI: 6; All indexes in up-trends; Worden indicator near peak

Thursday, April 26, 2007 @ 12:01 pm by Dr. Wish

The GMI remains at the maximum of 6.  Gmi0425 All indexes in this table are in up-trends.  According to the Worden indicator, 80.21% of all stocks closed above their 40 day averages.  Market tops have tended to occur in the 82-83% area.  Should we sell in May and go away? 

See prior post for my disclaimers.

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GMI: 6

Sunday, April 22, 2007 @ 10:03 pm by Dr. Wish

The GMI remains at 6.  Gmi0420 All major indexes remain in up-trends.  The QQQQ and SPY have closed above their 10 week averages for three weeks.

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GMI: 6; But standing room only at the local traders meetup

Wednesday, April 18, 2007 @ 9:06 am by Dr. Wish

While the GMI is still at 6, the local traders’ meet-up meeting was packed.  In prior meetings of the other local IBD meet-up, when the crowds came back, we were not far from a market top.  We had standing room  only last night. Contrary indicator?

Note disclaimers at bottom of prior post.

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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$81.96300.98%
SFM1/29/24$49.45$79.5060.77%
CRS4/23/24$79.66$584.30633.49%
AGX9/6/24$76.70$655.08754.08%
SATS8/26/25$50.21$0.20-99.60%
APP9/17/24$116.09$512.99341.89%
EAT10/1/24$78.33$171.83119.37%
PLTR11/5/24$44.91$129.02187.29%
ALMS1/6/26$13.53$29.50118.03%
BE8/22/25$44.95$249.50455.06%
CLS5/1/25$87.00$353.24306.02%
RGC5/1/25$1.55$6.96349.03%
CCJ6/9/25$62.55$93.8350.01%
RHLD8/12/25$54.05$140.16159.32%
GEV5/20/25$447.50$1,088.22143.18%
CLS6/25/25$144.27$353.24144.85%
MIRM8/7/2025$54.23$125.91132.18%
CCJ6/9/25$62.55$93.8350.01%
WDC9/4/25$86.66$534.35516.61%
SNDK9/4/25$58.36$1,632.082696.57%
STX6/3/2025$117.67$831.05606.25%
TTMI6/3/25$30.41$142.26367.81%
MU9/29/25$157.54$940.95497.28%
INBX7/8/25$18.95$97.84416.31%
SPHR9/11/25$56.08$152.94172.72%
FIX7/24/25$553.09$1,656.70199.54%

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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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