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Dr. Wish

Correction: GMI still Green

Friday, May 4, 2018 @ 8:06 am by Dr. Wish
GMI2/6
GMI-23/9
T210845%

Yesterday’s GMI=3 not 2. Two days below 3= Red

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GMI turns Red;

Wednesday, May 2, 2018 @ 9:46 pm by Dr. Wish
GMI2/6
GMI-24/9
T210848%

The GMI turned Red Wednesday even as the QQQ short term trend turned up!  What a strange market…

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Can rebounding $AAPL hold up $QQQ? Up to the Fed….7th day of $QQQ short term down-trend

Tuesday, May 1, 2018 @ 11:22 pm by Dr. Wish
GMI2/6
GMI-24/9
T210850%

SPY and DIA are below their 30 week averages, QQQ is above–for now.

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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$81.84300.39%
SFM1/29/24$49.45$88.6179.19%
CRS4/23/24$79.66$407.51411.56%
AGX9/6/24$76.70$659.04759.24%
SATS8/26/25$50.21$136.90172.65%
APP9/17/24$116.09$485.12317.88%
EAT10/1/24$78.33$133.7570.75%
PLTR11/5/24$44.91$133.86198.06%
ALMS1/6/26$13.53$21.1856.54%
BE8/22/25$44.95$254.37465.90%
CLS5/1/25$87.00$337.39287.80%
RGC5/1/25$1.55$28.251722.58%
CCJ6/9/25$62.55$103.9566.19%
RHLD8/12/25$54.05$111.95107.12%
GEV5/20/25$447.50$987.90120.76%
CLS6/25/25$144.27$337.39133.86%
MIRM8/7/2025$54.23$96.4177.78%
CCJ6/9/25$62.55$103.9566.19%
WDC9/4/25$86.66$447.30416.16%
SNDK9/4/25$58.36$1,290.572111.39%
STX6/3/2025$117.67$721.60513.24%
TTMI6/3/25$30.41$158.10419.89%
MU9/29/25$157.54$681.52332.60%
INBX7/8/25$18.95$106.87463.96%
SPHR9/11/25$56.08$132.10135.56%
FIX7/24/25$553.09$1,871.49238.37%

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  • 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 27 of $QQQ short term up-trend; Very concerned about market internals and interest rates; New US highs=new lows=97; T2108 down to 40%; TLT declining.
  • Blog Post: Day 24 of QQQ short term up-trend; After many techs stocks weakened, $AAPL held its recent GLB and showed relative strength, see daily and weekly charts. So did NVDA and RKLB, charts not shown. GMI=5
  • Blog Post: Day 23 of QQQ short term up-trend; $RKLB rockets higher after large volume GLB, see its daily chart and also the chart of NASA.
  • Blog Post: Day 22 of $QQQ short term up-trend; QQQ 10 wk avg now closes week above 30 wk avg; GMI=GREEN; GLB breakouts are rocketing higher! Ignore the fearful pundits’ predictions. Just watch the markets. See the miraculous 5 day EMA post GLB. Charts: QQQ, INTC, AMD, CHAT.
  • Blog Post: Day 21 of $QQQ short term up-trend; Recent IPO, LIFE, has high volume follow through after its recent GLB, up 32%.

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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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