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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 OCT 5, 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$67.47230.09%
SFM1/29/24$49.45$64.2729.97%
CRS4/23/24$79.66$386.88385.66%
AGX9/6/24$76.70$403.37425.91%
BTSG9/9/25$25.57$63.54148.49%
APP9/17/24$116.09$280.11141.29%
EAT10/1/24$78.33$193.21146.66%
PLTR11/5/24$44.91$191.46326.32%
INSW3/16/26$65.94$115.0874.52%
BE8/22/25$44.95$292.50550.72%
CLS5/1/25$87.00$380.02336.80%
RGC5/1/25$1.55$6.96349.03%
CCJ6/9/25$62.55$92.2747.51%
RHLD8/12/25$54.05$115.23113.19%
GEV5/20/25$447.50$1,035.03131.29%
CLS6/25/25$144.27$380.02163.41%
MIRM8/7/2025$54.23$78.7245.16%
CCJ6/9/25$62.55$92.2747.51%
WDC9/4/25$86.66$411.53374.88%
SNDK9/4/25$58.36$1,668.752759.41%
STX6/3/2025$117.67$819.33596.29%
TTMI6/3/25$30.41$133.18337.95%
MU9/29/25$157.54$1,064.83575.91%
INBX7/8/25$18.95$93.99395.99%
SPHR9/11/25$56.08$106.9290.66%
FIX7/24/25$553.09$1,767.40219.55%
MU9/25/25$157.54$1,064.83575.91%
VIK6/30/25$53.14$81.9554.22%

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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
  • Day 12 of $QQQ short term up-trend, GMI=5 and turns GREEN! Many stocks are breaking out and NVDA even had a GLB on Monday! TQQQ up +14% since Day 1 on 9/18. Daily modified Guppy chart shows QQQ closing above all 12 averages.
  • Day 11 of $QQQ short term up-trend, its Weekly 10.4 Stochastic= 86, a sign of a strong up-trend, see GMI table; ARW had a nice high volume GLB to an ATH, see daily chart.
  • Day 10 of $QQQ short term up-trend; My modified daily Guppy chart below warned to abandon or short NKE long before tonight’s post earnings swoon. A chart is worth………. Come to my MoneyShow online appearance on October 20.
  • Day 8 of QQQ short term up-trend but TSLA has entered a Stage 4 down-trend. Only 13 stocks reached ATH Tuesday with 43 new yearly US highs and 149 lows. T2108=18%. Strange market.
  • Blog: Day 6 of $QQQ short term up-trend; Only 15 US stocks reached an ATH on Friday. One of them , PS, had a green line breakout, GLB. See its weekly chart below. If it closes back below the green line, @54.94 it would be a failed GLB. GMI=3 and RED, see table.

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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