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Dr. Wish

34th day of $QQQ short term up-trend; $GLD rising again

Monday, June 30, 2014 @ 7:52 pm by Dr. Wish
GMI6/6
GMI-28/9
T210872%

This daily GMMA chart shows the renewed strength in GLD. All of the short term averages are above the rising long term averages (blue lines). It also shows a beginning RWB pattern. Click on chart to enlarge.

GLDGMMA06302014

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End of 2nd quarter on Monday; $SPY and $QQQ in Stage 2 Up-trends–with $AAPL

Sunday, June 29, 2014Sunday, June 29, 2014 @ 9:35 pm by Dr. Wish
GMI6/6
GMI-28/9
T210871%

All GMI components are positive.

GMI06272014SPY remains in a Stage 2 up-trend (weekly charts):

SPYweekly06262014As is the QQQ:

QQQweekly06272014

As is AAPL.

AAPLweekly06272014See you at my AAII work shop on July 19?

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32nd day of $QQQ short term up-trend

Thursday, June 26, 2014 @ 9:22 pm by Dr. Wish
GMI6/6
GMI-28/9
T210868%

End of quarter is on horizon.

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Current GMI Signal

GREEN

since close on May 5, 2024

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.
FTAI10/26/23$34.79$117.26↑ 237.05%
META1/23/24$384.33$650.83↑ 69.34%
APP9/17/24$116.09$365.35↑ 214.71%
COST12/11/23$615.27$998.09↑ 62.22%
GDDY11/22/23$93.75$188.04↑ 100.58%
WING11/15/23$223.77$307.51↑ 37.42%
CAVA4/22/24$58.10$99.60↑ 71.43%
CAH11/3/23$95.45$149.40↑ 56.52%
PGR10/13/23$149.87$280.56↑ 87.20%
NFLX10/18/24$700.99$1,155.76↑ 64.88%
MPTI10/9/23$21.00$50.74↑ 141.62%
AGX9/6/24$76.70$178.54↑ 132.78%
SFM1/29/24$49.45$160.10↑ 223.76%
CBOE8/4/23$138.54$215.55↑ 55.59%
VST8/4/23$27.96$152.44↑ 445.21%
MOD8/3/23$37.62$102.20↑ 171.66%
VRT8/2/23$28.80$106.38↑ 269.38%
PSN8/2/23$50.15$66.62↑ 32.84%
PHM4/25/23$63.90$100.49↑ 57.26%
CRS4/23/24$79.66$227.61↑ 185.73%
IBKR2/9/24$95.59$201.92↑ 111.24%
EAT10/1/24$78.33$148.93↑ 90.13%
DUOL9/18/24$245.87$529.50↑ 115.36%
HWM11/14/23$51.34$159.74↑ 211.14%
LRN10/23/24$69.70$154.23↑ 121.28%
SPOT11/6/24$387.44$633.92↑ 63.62%
CRS4/23/24$79.66$227.61↑ 185.73%

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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
  • Blog Post: Day 14 of $QQQ short term up-trend; Blue dots have helped me find strong stocks bouncing from oversold, see daily chart of AMZN; learn about the blue dot at my presentation to the Boston IBD Meetup on 5/21, register on blog.
  • Blog Post: Day 13 of $QQQ short term up-trend; Register NOW to get the free recording of my presentation to the Boston IBD Meetup on 5/21; $TQQQ beats most individual stocks again, see daily chart!
  • Sign up for my free webianr at the Boston IBD Meetup for 5/21, get free recording. Link is below..
  • Blog Post: Day 12 of $QQQ short term up-trend; GMI=6 (of 6); Time for me to look for buys near ATHs; See $UBER GLB on daily and weekly charts.
  • Blog Post: Day 11 of $QQQ short term up-trend but all major indexes remain in Stage 4 down-trends, see weekly 10:30 charts of 4 indexes and the GMI table.

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Recommended Reading

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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