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Dr. Wish

7th day of $QQQ short term up-trend

Friday, May 11, 2018 @ 7:07 am by Dr. Wish
GMI6/6
GMI-28/9
T210864%
1 Comment

6th day of $QQQ short term up-trend

Wednesday, May 9, 2018 @ 11:10 pm by Dr. Wish
GMI6/6
GMI-28/9
T210860%
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5th day of $QQQ short term up-trend

Tuesday, May 8, 2018 @ 10:48 pm by Dr. Wish
GMI6/6
GMI-28/9
T210857%

GMI is back to 6 (of 6) for the first time since April 19.

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Current GMI Signal

GREEN

since close on OCT 6, 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$70.06242.76%
SFM1/29/24$49.45$66.6334.74%
CRS4/23/24$79.66$380.56377.73%
AGX9/6/24$76.70$367.16378.70%
BTSG9/9/25$25.57$62.36143.88%
APP9/17/24$116.09$279.29140.58%
EAT10/1/24$78.33$204.91161.60%
PLTR11/5/24$44.91$200.50346.45%
INSW3/16/26$65.94$113.1171.53%
BE8/22/25$44.95$236.30425.70%
CLS5/1/25$87.00$315.25262.36%
RGC5/1/25$1.55$9.52514.19%
CCJ6/9/25$62.55$83.2333.06%
RHLD8/12/25$54.05$117.86118.06%
GEV5/20/25$447.50$926.44107.03%
CLS6/25/25$144.27$315.25118.51%
MIRM8/7/2025$54.23$82.3951.93%
CCJ6/9/25$62.55$83.2333.06%
WDC9/4/25$86.66$356.45311.32%
SNDK9/4/25$58.36$1,394.832290.04%
STX6/3/2025$117.67$690.81487.07%
TTMI6/3/25$30.41$101.36233.31%
MU9/29/25$157.54$931.24491.11%
INBX7/8/25$18.95$90.50377.57%
SPHR9/11/25$56.08$108.8594.10%
FIX7/24/25$553.09$1,481.27167.82%
MU9/25/25$157.54$931.24491.11%
VIK6/30/25$53.14$83.9858.04%

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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
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  • 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
  • Day 19 of $QQQ short term up-trend, could end on Thursday; 13 of 24 stocks that reached an ATH were Oil & Gas related, see list. PSX had GLB at 190.61 on July 13 and subsequent Blue Dot bounces, see chart.
  • Day 18 of $QQQ short term up-trend; By mistake, I found 11 semiconductor stocks had a rising Blue Dot today, see list. Are semis bouncing? I will explain the rising Blue Dot setup at my MoneyShow talk on October 20, register free on my blog.
  • Day 16 of $QQQ short term up-trend; GMI remains GREEN, see table. 25 stocks traded at an ATH on Friday, 6 were oil&gas and 4 were software firms. One software firm, PLTR, had a GLB on Friday, see daily and monthly charts and my analysis .
  • Day 15 of $QQQ short term up-trend; only 17 US stocks reached an ATH on Thursday, the most (7) were oil & gas related; 6 of them have more than doubled from their lows the past year. See list.
  • Day 13 of $QQQ short term up-trend; GMI=Green; More US new yearly highs than lows 91/46. 28 at ATH, most in software (6). DELL had a nice rise on Tuesday after its recent blue dot oversold bounce, see daily chart.

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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