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Dr. Wish

GMI could turn Red on Thursday; GMI is Green since 4/18

Wednesday, April 25, 2018 @ 10:39 pm by Dr. Wish
GMI1/6
GMI-20/9
T210850%

Site has an error on GMI. Last signal was Green on 4/18.

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Indexes below 30 week avg; 2nd day of $QQQ short term down-trend

Tuesday, April 24, 2018 @ 10:18 pm by Dr. Wish
GMI3/6
GMI-22/9
T210849%

DIA, SPY and QQQ now below their 30 week averages (solid red line)–extreme technical weakness.

1 Comment

1st day of $QQQ short term down-trend

Monday, April 23, 2018 @ 10:10 pm by Dr. Wish
GMI4/6
GMI-23/9
T210856%

After 3 days of a short term up-trend, the QQQ short term trend has turned down. Many short term down-trends last less than 5 days. Head and shoulders top forming?

1 Comment
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Current GMI Signal

GREEN

since close on Dec 1, 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$209.73308.51%
SFM1/29/24$49.45$78.1458.02%
CRS4/23/24$79.66$332.07316.86%
AGX9/6/24$76.70$334.56336.19%
BKNG9/16/24$3,918.00$5,413.3538.17%
APP9/17/24$116.09$725.83525.23%
EAT10/1/24$78.33$148.8490.02%
PLTR11/5/24$44.91$194.21332.44%
SPOT11/6/24$387.44$579.1749.49%
CRWD4/24/25$398.33$479.1120.28%
CLS5/1/25$87.00$303.64249.01%
RGC5/1/25$1.55$25.361536.13%
CCJ6/9/25$62.55$141.45126.14%
CRWV5/14/25$64.62$80.7825.01%
GEV5/20/25$447.50$658.0147.04%
NVDA6/3/25$140.76$189.0734.32%
MIRM8/7/2025$54.23$79.9047.34%
CCJ6/9/25$62.55$141.45126.14%
QBTS5/20/25$13.23$29.10119.95%
HOOD6/30/25$85.60$120.6640.96%
IREN9/9/2025$28.25$42.1849.31%

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  • About the General Market Index (GMI)
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  • 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 1 of new $QQQ short term up-trend; see daily chart
  • Blog Post: Day 5 of $QQQ short term down-trend, it could end Monday; 13 doublers that had a Blue Dot of Happiness setup on Friday; GMI=4
  • Blog Post: Day 4 of $QQQ short term down-trend; $QQQ flat, see modified daily Guppy chart. Will people take their capital gains in January? GMI-2=2.
  • Blog Post: Day 2 of $QQQ short term down-trend; However, $TSLA has high volume GLB, see daily chart. Will it succeed? Must not close below green line, @488.54. Also looks like a cup with handle break-out.
  • Blog Post: Day 11 of $QQQ short term up-trend, it could end on Monday? $IBD 50 type growth stocks are in a BWR down-trend, see daily modified Guppy charts of $FFTY and $QQQ. Some thoughts on what this all might signify. The dollar is falling while long rates are rising! See charts.

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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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