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Dr. Wish

$YY to move up? 5th day of $QQQ short term up-trend

Thursday, December 14, 2017 @ 4:21 am by Dr. Wish
GMI5/6
GMI-28/9
T210857%

YY has re-tested its GLB and may be ready to move up.

 

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4th day of $QQQ short term up-trend; GLB and RWB up-trend: $GS

Tuesday, December 12, 2017 @ 11:21 pm by Dr. Wish
GMI5/6
GMI-28/9
T210858%

GS broke through its green line on Tuesday on above average volume.

With a nice RWB up-trend pattern.

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$AAPL retakes all RWB moving averages–advance to start?

Monday, December 11, 2017 @ 9:12 pm by Dr. Wish
GMI6/6
GMI-28/9
T210860%

Check out prior post to understand this chart. GMI back to 6 (of 6).

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Current GMI Signal

RED

since close on SEP 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.

Green Line Breakout stocks
Sym.DateGLB $Now $Chg.
ENLT6/18/25$20.44#N/A#N/A
SFM1/29/24$49.45#N/A#N/A
CRS4/23/24$79.66#N/A#N/A
AGX9/6/24$76.70#N/A#N/A
BTSG9/9/25$25.57#N/A#N/A
APP9/17/24$116.09#N/A#N/A
EAT10/1/24$78.33#N/A#N/A
PLTR11/5/24$44.91#N/A#N/A
ALMS1/6/26$13.53#N/A#N/A
BE8/22/25$44.95#N/A#N/A
CLS5/1/25$87.00#N/A#N/A
RGC5/1/25$1.55#N/A#N/A
CCJ6/9/25$62.55#N/A#N/A
RHLD8/12/25$54.05#N/A#N/A
GEV5/20/25$447.50#N/A#N/A
CLS6/25/25$144.27#N/A#N/A
MIRM8/7/2025$54.23#N/A#N/A
CCJ6/9/25$62.55#N/A#N/A
WDC9/4/25$86.66#N/A#N/A
SNDK9/4/25$58.36#N/A#N/A
STX6/3/2025$117.67#N/A#N/A
TTMI6/3/25$30.41#N/A#N/A
MU9/29/25$157.54#N/A#N/A
INBX7/8/25$18.95#N/A#N/A
SPHR9/11/25$56.08#N/A#N/A
FIX7/24/25$553.09#N/A#N/A
MU9/25/25$157.54#N/A#N/A
VIK6/30/25$53.14#N/A#N/A

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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
  • The new 3x ETF’s–triple your pleasure — or pain
  • In the hospital. Will resume posting next week. Thank you for your patience.
  • How I use put options as investment insurance
  • 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
  • GMI turns RED; More yearly new lows than highs and only 19 of 6,556 stocks traded at an ATH, OIL & GAS (14) and Shipping & Ports (2) had the most, see list. Be careful!
  • An invaluable post to study: The table below shows how the 6 stocks I posted about on 8/17 have performed since then. One half are up 11% to 14% and half are down 1% to 5%. I explain how I found them among stocks hitting ATHs and why buying stocks at ATHs can be a winning trading strategy. Note: GMI=2
  • Blog: Day 24 of $QQQ short term up-trend; once again, Oil & Gas (7) and Shipping & Ports (4) Industries had the most stocks reaching an ATH on Tuesday, see list.
  • Blog: Day 23 of $QQQ short term up-trend; GMI remains Green, see table.
  • Strange day Monday: More new yearly lows than highs for first time since March 30 and lowest number of ATHs, 13, since 12 last March 31; That is when the February to March decline ended, see daily chart of SPY. See my blog for my attempt to explain this rare occurrence. Meanwhile, 6 of the 13 ATHs today were oil & gas related stocks, see the list on my blog.

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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