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Dr. Wish

Blog Post: Day 14 of $QQQ short term up-trend; 94 US new highs and 55 lows; 20 stocks at ATHs, see list, one of them, $ENLT, has IPO break-out, see weekly chart

Thursday, May 18, 2023 @ 8:42 am by Dr. Wish
GMI5/6
GMI-27/9
T210844%

List contains US and foreign stocks and is ordered by close divided by low price past 25o days. About half have already doubled from their yearly low. Flagged stocks are on my watchlist built from recent IBD and MS lists.

ENLT has had an IPO break-out. See weekly chart.

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Blog Post: Day 13 of $QQQ short term up-trend; $DHI has GLB, like $PHM weeks ago–residential construction showing green shoots, see charts

Tuesday, May 16, 2023 @ 8:55 pm by Dr. Wish
GMI4/6
GMI-26/9
T210836%

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Blog Post: Day 12 of $QQQ short term up-trend; $QQQ up against resistance and Tuesday’s debt meeting outcome should determine the market’s near term direction, see daily chart

Monday, May 15, 2023 @ 9:29 pm by Dr. Wish
GMI5/6
GMI-27/9
T210844%

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Current GMI Signal

GREEN

since close on Nov 26, 2025

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.
HWM11/14/23$51.34$204.79298.89%
SFM1/29/24$49.45$84.0770.01%
CRS4/23/24$79.66$320.18301.93%
AGX9/6/24$76.70$393.83413.47%
BKNG9/16/24$3,918.00$4,912.8525.39%
APP9/17/24$116.09$594.86412.41%
EAT10/1/24$78.33$153.8096.35%
PLTR11/5/24$44.91$167.26272.43%
SPOT11/6/24$387.44$600.4654.98%
CRWD4/24/25$398.33$506.2827.10%
CLS5/1/25$87.00$341.54292.57%
RGC5/1/25$1.55$11.80661.29%
CCJ6/9/25$62.55$88.3741.28%
CRWV5/14/25$64.62$73.1213.15%
GEV5/20/25$447.50$593.0432.52%
NVDA6/3/25$140.76$177.2225.90%
MIRM8/7/2025$54.23$72.8334.30%
CCJ6/9/25$62.55$88.3741.28%
QBTS5/20/25$13.23$22.7571.96%
HOOD6/30/25$85.60$127.6949.17%
IREN9/9/2025$28.25$48.1670.48%

Indicators in your Inbox

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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
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • 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 9 of $QQQ short term down-trend, it could end on Friday; GMI=4 and is now Green; I noticed Health Care, $XLV, is the only one of 11 SPDR Sector ETFs in a daily RWB up-trend pattern, see daily Guppy chart; check out advancing biotechs!
  • Blog Post: Day 8 of $QQQ short term down-trend but GMI=4 and could turn GREEN on Wednesday; $QQQ back above all 12 daily averages in modified Guppy chart, see also RWB uptrend in $XBI.
  • Blog Post: Day 6 of $QQQ short term down-trend; 74 US new highs and 97 lows; Friday’s late bounce held $QQQe above its 30 week average, but major indexes closed below their critical 10 week averages; GMI=RED and cash is king; See weekly 10:30 chart of $QQQ and my explanation.
  • Blog Post: Day 5 of $QQQ short term down-trend; $DIA, $SPY, $QQQ and $IWM are no longer in daily RWB up-trends; This is true even for $NVDA, see its daily modified Guppy chart.
  • Blog Post: Day 3 of new $QQQ short term down-trend. Biotechs are coming alive, see list of 7 at ATHs and weekly chart of biotech ETF, $XBI.

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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