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Blog Post: Day 32 of $QQQ short term up-trend; 339 US new highs and 5 lows; $ANF has GLB and surpasses ATH set in 2007, see daily and monthly charts and great IBD/MS ratings

Tuesday, December 19, 2023 @ 8:32 pm by Dr. Wish
GMI6/6
GMI-27/9
T210878%

I would have liked to see more volume on day of green line breakout (GLB). ANF must not close below 85.77. IBD/MS comp rating =99 and RS=99. Last 3 quarters earnings are up triple digits!

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Blog Post: Day 30 of $QQQ short term up-trend; 293 US new highs and 11 lows; Mutual Fund window dressing upon us- the strong will shine; $DIA had GLB to ATH last week, see weekly and monthly charts

Sunday, December 17, 2023 @ 7:33 pm by Dr. Wish
GMI6/6
GMI-27/9
T210874%

The GMI is Green and at 6 (of 6). We are entering the end of the 4th quarter when mutual funds buy up the strongest stocks so their quarterly reports make them look good.

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Blog Post: Residential housing is coming back, even $XHB, the homebuilders ETF has had a GLB to an ATH, see daily chart and impressive cup with handle pattern in monthly chart; Note $PHM in Successful GLB Tracker table below

Thursday, December 14, 2023 @ 8:54 pm by Dr. Wish
GMI6/6
GMI-27/9
T210876%

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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$72.51254.75%
SFM1/29/24$49.45$66.0733.61%
CRS4/23/24$79.66$395.03395.90%
AGX9/6/24$76.70$374.40388.14%
BTSG9/9/25$25.57$55.78118.15%
APP9/17/24$116.09$315.25171.56%
EAT10/1/24$78.33$210.80169.12%
PLTR11/5/24$44.91$191.79327.05%
ALMS1/6/26$13.53$7.44-45.01%
BE8/22/25$44.95$275.19512.21%
CLS5/1/25$87.00$361.84315.91%
RGC5/1/25$1.55$5.98285.81%
CCJ6/9/25$62.55$90.8045.16%
RHLD8/12/25$54.05$125.59132.36%
GEV5/20/25$447.50$951.82112.70%
CLS6/25/25$144.27$361.84150.81%
MIRM8/7/2025$54.23$89.3264.71%
CCJ6/9/25$62.55$90.8045.16%
WDC9/4/25$86.66$473.69446.61%
SNDK9/4/25$58.36$1,816.573012.70%
STX6/3/2025$117.67$923.86685.13%
TTMI6/3/25$30.41$125.82313.75%
MU9/29/25$157.54$1,071.88580.39%
INBX7/8/25$18.95$100.33429.45%
SPHR9/11/25$56.08$135.89142.31%
FIX7/24/25$553.09$1,625.90193.97%
MU9/25/25$157.54$1,071.88580.39%
VIK6/30/25$53.14$80.3051.11%

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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
  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
  • The new 3x ETF’s–triple your pleasure — or pain
  • 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
  • Weird market with T2108 down to 21%, see chart; New US yearly lows way above highs (136/60), only 16 of 6500+ stocks at ATHs, but $DE is holding its recent GLB to ATH!
  • $MAGS, the Magnificent Seven ETF, had a high volume GLB to an ATH on Monday! Are the popular overbought tech stocks coming back? See daily chart.
  • Discordant market: Equal wtd indexes of SPY (RSP) and QQQ (QQQE) are falling while cap wtd indexes tell a different story; T2108=24%, like last April! Market internals are collapsing, see weekly charts, and my analysis.
  • 126 yearly new lows and 88 new highs, GMI= RED and Day 3 of $QQQ short term down-trend, but QQQ is short term oversold and may bounce Wednesday. Gas/Oil stocks are strong, see MPC and PSX. I go where the ATHs are.
  • GMI=1 and RED; Day 1 of $QQQ short term down-trend; 3 days in a row with more yearly lows than highs; only 21 stocks reached ATHs on Friday, QQQ now closed below 4wk avg. Be very careful.

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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