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Dr. Wish

Blog Post: Day 28 of $QQQ short term down-trend; 54 US new highs and 197 new lows; long bonds, $TLT, remain in BWR daily down-trend as Fed raises short rates, see charts

Thursday, October 6, 2022 @ 8:17 pm by Dr. Wish
GMI0/6
GMI-24/9
T210827%

Long rates continue to rise as 20+ year treasury bonds fall.

As the Fed raises short rates.

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Blog Post: Day 27 of $QQQ short term down-trend; 59 new US highs and 149 lows; Weekly chart suggests $REGN breaking out of a rare flag pattern towards ATH

Wednesday, October 5, 2022 @ 10:27 pm by Dr. Wish
GMI0/6
GMI-23/9
T210827%

When a stock breaks out of a flag formation its rise typically is as large as the flag pole. That could imply a $150 move up for REGN to around $900. In early September, REGN released strong findings for their drug, Eylea.

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Blog Post: Only 66 new yearly lows among US stocks, the lowest since September 12; $LPLA, $HUBB, $AZPN and $DGII reach ATHs, see daily charts.

Tuesday, October 4, 2022 @ 5:26 pm by Dr. Wish
GMI1/6
GMI-23/9
T210827%

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Current GMI Signal

RED

since close on OCT 19, 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.
SFM1/29/24$49.45$66.2633.99%
CRS4/23/24$79.66$284.66257.34%
AGX9/6/24$76.70$331.03331.59%
APP9/17/24$116.09$260.25124.18%
EAT10/1/24$78.33$182.70133.24%
PLTR11/5/24$44.91$196.75338.10%
CLS5/1/25$87.00$260.01198.86%
RGC5/1/25$1.55$7.67394.84%
GEV5/20/25$447.50$815.0082.12%
STX6/3/2025$117.67$630.49435.81%
TTMI6/3/25$30.41$80.11163.43%
CCJ6/9/25$62.55$78.6025.66%
ENLT6/18/25$20.44$68.38234.54%
CLS6/25/25$144.27$260.0180.22%
VIK6/30/25$53.14$82.2454.76%
INBX7/8/25$18.95$93.38392.77%
FIX7/24/25$553.09$1,160.86109.89%
MIRM8/7/2025$54.23$80.3948.24%
RHLD8/12/25$54.05$119.52121.13%
BE8/22/25$44.95$193.30330.03%
WDC9/4/25$86.66$343.67296.57%
SNDK9/4/25$58.36$1,238.032021.37%
BTSG9/9/25$25.57$60.11135.08%
SPHR9/11/25$56.08$108.9494.26%
MU9/25/25$157.54$877.55457.03%
MU9/29/25$157.54$877.55457.03%
INSW3/16/26$65.94$110.7868.00%

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  • Day 7 of $QQQ short term down-trend; 36 ATHs, 11 banks and 7 oil & gas. QQQ is sitting on its 30 wk average, see weekly chart. GMI=2 and RED;
  • Day 6 of $QQQ short term down-trend; I hope you were in cash; Very mixed market, T2108 rises to 41% and there were 164 US yearly highs and 51 ATHs, the most since mid-August. 10 of the ATHs were in insurance and 9 were banks; MA and V keep hitting ATHs. Tech stocks, though, are being bludgeoned. Thus, SPY is holding up bettter now. My MoneyShow presentation about GLBs is now available, see the tab at the top of my blog page for a discount to get Deepvue and my “F” charts.
  • Day 4 of $QQQ short term down-trend. Note T2108 is rising, now= 35%. I presented online at the MoneyShow this afternoon and will make the recording available when I receive it next week. I am answering here the questions I did not get to below. Also, see link to Deepvue on top of this blog post.
  • Day 3 of $QQQ short term down-trend; GMI=1 and RED! Cash is king. Learn my key setups and be ready for when the markets strengthen. See Charts of HALO and BOX, both at ATHs. Register for MoneyShow here.
  • Day 2 of $QQQ short term down-trend and GMI=2 and likely to register RED by Monday’ s close. Preparing for MoneyShow presentation on Tuesday at 1:05, get link to register free. I will make important announcements and share an new analysis of GLBs that I find unexpected and very exciting.

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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