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Dr. Wish

$SPY resumes yellowband up-trend with $QQQ; $BA soars; All GMI components positive

Sunday, October 1, 2017Sunday, October 1, 2017 @ 7:01 pm by Dr. Wish
GMI6/6
GMI-28/9
T210871%

This weekly chart shows that the  yellowband up-tend has resumed for the $SPY with it closing a few weeks back above its 10 week average.

QQQ is also in yellowband up-trend.

BA has been in one all year!

 

The GMI components are all positive.

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New $QQQ short term up-trend

Thursday, September 28, 2017 @ 11:00 pm by Dr. Wish
GMI6/6
GMI-26/9
T210870%
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July GLB $AAAP climbs on high volume; 2nd day of $QQQ short term down-trend

Thursday, September 28, 2017 @ 5:48 am by Dr. Wish
GMI6/6
GMI-24/9
T210870%

This new down-trend could end with a good day on Thursday. The QQQ regained key averages on Wednesday but it better hold today. Note the T2108 is now at 70.

$AAAP showing renewed strength on unusual volume after its July GLB. It is already up +50% from its GLB.

 

 

 

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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$95.39366.68%
SFM1/29/24$49.45$80.4662.71%
CRS4/23/24$79.66$491.20516.62%
AGX9/6/24$76.70$696.81808.49%
SATS8/26/25$50.21$123.62146.21%
APP9/17/24$116.09$564.72386.45%
EAT10/1/24$78.33$133.2170.06%
PLTR11/5/24$44.91$142.19216.61%
ALMS1/6/26$13.53$20.3050.04%
BE8/22/25$44.95$288.84542.58%
CLS5/1/25$87.00$420.45383.28%
RGC5/1/25$1.55$22.141328.39%
CCJ6/9/25$62.55$113.9782.21%
RHLD8/12/25$54.05$115.69114.04%
GEV5/20/25$447.50$965.17115.68%
CLS6/25/25$144.27$420.45191.43%
MIRM8/7/2025$54.23$94.0473.41%
CCJ6/9/25$62.55$113.9782.21%
WDC9/4/25$86.66$579.99569.27%
SNDK9/4/25$58.36$1,773.682939.20%
STX6/3/2025$117.67$930.96691.16%
TTMI6/3/25$30.41$188.52519.93%
MU9/29/25$157.54$1,011.48542.05%
INBX7/8/25$18.95$91.57383.22%
SPHR9/11/25$56.08$138.18146.40%
FIX7/24/25$553.09$1,917.44246.68%

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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
  • The same chart pattern I posted yesterday for the 2000 top also got me out of the market just before the 2008 decline. Market tops take time to develop. I ignore the news and gossip and watch the 30 week average.
  • HOW I IDENTIFIED AND EXITED AT THE MARKET TOP IN 2000–WHEN THE 30 WEEK AVERAGE CURVED DOWN. TO IDENTIFY A LIKELY TOP, I JUST WATCH THE 30 WEEK AVERAGE. Compare the weekly charts of QQQ from 2000 and now.
  • Blog: Day 36 of QQQ short term up-trend; I am amazed how strongly advancing stocks and ETFs may track along their 5 day exponential moving average, see daily charts of QQQ and DELL.
  • Blog Post: Day 32 of QQQ short term up-trend; GMI=5 (of 6) and GREEN. 15 of 62 stocks reaching ATH on Friday were semiconductors. They lead again and 5 had a GLB! See list and note earnings release dates.
  • Blog Post: Day 31 of QQQ short term up-trend; $ALAB holds GLB, see daily chart. Must not close below 262.90. Note high volume on break-out.

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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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