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Dr. Wish

28th day of $QQQ short term up-trend; longer term trends in RWB advance

Friday, January 20, 2017 @ 6:16 am by Dr. Wish
GMI5/6
GMI-27/9
T210855%

The market (SPY/QQQ/DIA) remains in short and longer term trend up-trends. The QQQ remains in an RWB up-trend.

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27th day of $QQQ short term up-trend; thank you Annapolis IBD meetup

Thursday, January 19, 2017 @ 6:08 am by Dr. Wish
GMI5/6
GMI-27/9
T210861%

I had a wonderful night making a presentation to the IBD meetup near Annapolis. Thank you to Vicki,   Don and all of the gracious attendees. Let me know if you want to be put on the mailing list for their future meetings.

 

 

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26th day of $QQQ short term up-trend; recent GLB, $AAOI strong

Tuesday, January 17, 2017 @ 10:26 pm by Dr. Wish
GMI5/6
GMI-27/9
T210859%

AAOI had a high volume GLB last week. It showed strength on Tuesday, holding gap and green line.

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Current GMI Signal

GREEN

since close on AUG 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.

Sym.DateGLB $Now $Chg.
ENLT6/18/25$20.44$79.92291.00%
SFM1/29/24$49.45$81.0863.96%
CRS4/23/24$79.66$492.38518.10%
AGX9/6/24$76.70$501.63554.02%
BTSG9/9/25$25.57$58.87130.23%
APP9/17/24$116.09$305.77163.39%
EAT10/1/24$78.33$246.06214.13%
PLTR11/5/24$44.91$179.94300.67%
ALMS1/6/26$13.53$24.1778.64%
BE8/22/25$44.95$201.45348.16%
CLS5/1/25$87.00$296.55240.86%
RGC5/1/25$1.55$5.30241.94%
CCJ6/9/25$62.55$102.5163.88%
RHLD8/12/25$54.05$127.63136.13%
GEV5/20/25$447.50$956.85113.82%
CLS6/25/25$144.27$296.55105.55%
MIRM8/7/2025$54.23$96.3177.60%
CCJ6/9/25$62.55$102.5163.88%
WDC9/4/25$86.66$459.44430.16%
SNDK9/4/25$58.36$1,596.082634.89%
STX6/3/2025$117.67$850.00622.36%
TTMI6/3/25$30.41$110.54263.50%
MU9/29/25$157.54$966.78513.67%
INBX7/8/25$18.95$103.63446.86%
SPHR9/11/25$56.08$158.36182.38%
FIX7/24/25$553.09$1,655.61199.34%
MU9/25/25$157.54$966.78513.67%
VIK6/30/25$53.14$92.7974.61%

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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 13 of $QQQ short term up-trend; Weekly chart shows QQQ to be right on its 4wk and 10wk averages. This critical week should tell us whether QQQ will hold up of fall below these averages. The GMI is still Green, see table.
  • Day 12 of $QQQ short term up-trend, but it is weakening; Only 25 stocks reached an ATH, 8 are oil & gas related. QQQ closed just below its 4 wk and 10 wk averages, see weekly chart. Friday’s close may tell the story.
  • Day 11 of $QQQ short term up-trend; My post on 8/17 showed GLD turning up as some traders apparently anticipated the U.S. announcement to reduce interest rates. It’s all in the charts!
  • Blog, Day 9 of $QQQ short term up-trend; The modified daily Guppy chart shows a clear change in trend for gold, measured by GLD. See the daily chart below and the end of the BWR decline and the start of an RWB up-trend.
  • Blog: Day 8 of $QQQ short term up-trend. Six oil and gas stocks hit an ATH on Friday. Almost all have already doubled from their lowest price the past year. See list below and GMI table.

Blogroll

  • Barchart All-Time Highs
  • Blue Collar Investor
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  • Dark Liquidity
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  • Stock Chartist

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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