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Dr. Wish

42nd day of $QQQ short term up-trend

Wednesday, April 20, 2016 @ 10:05 pm by Dr. Wish
GMI6/6
GMI-25/9
T210882%
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41st day of $QQQ short term up-trend; dollar in the dumps

Tuesday, April 19, 2016 @ 8:35 pm by Dr. Wish
GMI6/6
GMI-26/9
T210884%

Dollar continues its decline.

Screen Shot 2016-04-19 at 8.35.03 PM

 

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40th day of $QQQ short term up-trend, $TQQQ up 24%; GLB: $HAS

Monday, April 18, 2016 @ 8:45 pm by Dr. Wish
GMI6/6
GMI-27/9
T210884%

If I had bought TQQQ on the first day of this QQQ short term up-trend on 2/22, I would now have a 24.4% gain.

HAS had a GLB on Monday on a huge gap up on unusually large volume.

Screen Shot 2016-04-18 at 8.40.35 PM

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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$69.78241.39%
SFM1/29/24$49.45$63.9229.26%
CRS4/23/24$79.66$393.86394.43%
AGX9/6/24$76.70$363.79374.30%
BTSG9/9/25$25.57$56.64121.51%
APP9/17/24$116.09$312.52169.20%
EAT10/1/24$78.33$208.94166.74%
PLTR11/5/24$44.91$191.82327.12%
ALMS1/6/26$13.53$7.11-47.45%
BE8/22/25$44.95$290.00545.16%
CLS5/1/25$87.00$371.44326.94%
RGC5/1/25$1.55$6.19299.35%
CCJ6/9/25$62.55$88.1840.98%
RHLD8/12/25$54.05$127.54135.97%
GEV5/20/25$447.50$950.52112.41%
CLS6/25/25$144.27$371.44157.46%
MIRM8/7/2025$54.23$89.0364.17%
CCJ6/9/25$62.55$88.1840.98%
WDC9/4/25$86.66$455.90426.08%
SNDK9/4/25$58.36$1,770.002932.90%
STX6/3/2025$117.67$916.28678.69%
TTMI6/3/25$30.41$130.28328.41%
MU9/29/25$157.54$1,077.90584.21%
INBX7/8/25$18.95$99.75426.39%
SPHR9/11/25$56.08$139.47148.70%
FIX7/24/25$553.09$1,640.00196.52%
MU9/25/25$157.54$1,077.90584.21%
VIK6/30/25$53.14$81.2752.94%

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  • 20 year treasury bond, $TLT, has been in a daily BWR down-trend since early July, and T2108 has been since the middle of August! Modified Guppy charts tell the story.
  • Weird market with T2108 down to 21%, see chart; New US yearly lows way above highs (136/60), only 16 of 6500+ stocks at ATHs, but $DE is holding its recent GLB to ATH!
  • $MAGS, the Magnificent Seven ETF, had a high volume GLB to an ATH on Monday! Are the popular overbought tech stocks coming back? See daily chart.
  • Discordant market: Equal wtd indexes of SPY (RSP) and QQQ (QQQE) are falling while cap wtd indexes tell a different story; T2108=24%, like last April! Market internals are collapsing, see weekly charts, and my analysis.
  • 126 yearly new lows and 88 new highs, GMI= RED and Day 3 of $QQQ short term down-trend, but QQQ is short term oversold and may bounce Wednesday. Gas/Oil stocks are strong, see MPC and PSX. I go where the ATHs are.

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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