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Dr. Wish

1st day of $QQQ short term down-trend

Thursday, March 26, 2015 @ 11:08 pm by Dr. Wish
GMI2/6
GMI-22/9
T210845%

Another weak day and the GMI will flash a Sell signal.

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7th day of $QQQ short term up-trend

Wednesday, March 25, 2015 @ 9:13 pm by Dr. Wish
GMI5/6
GMI-23/9
T210847%

IBD again sees market uptrend under pressure. A flat or down day on Thursday will change the QQQ short term trend to down.

2 Comments

6th day of $QQQ short term up-trend; $OVAS hard to eggnor

Tuesday, March 24, 2015 @ 9:29 pm by Dr. Wish
GMI5/6
GMI-28/9
T210858%

OVAS, a biotech I have been watching since its green line break-out, broke out again on Tuesday:

OVAS03242015

2 Comments
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Current GMI Signal

GREEN

since close on OCT 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.

Green Line Breakout stocks
Sym.DateGLB $Now $Chg.
ENLT6/18/25$20.44$69.30239.04%
SFM1/29/24$49.45$64.2829.99%
CRS4/23/24$79.66$382.07379.63%
AGX9/6/24$76.70$390.55409.19%
BTSG9/9/25$25.57$62.75145.40%
APP9/17/24$116.09$275.99137.74%
EAT10/1/24$78.33$193.43146.94%
PLTR11/5/24$44.91$207.79362.68%
INSW3/16/26$65.94$123.5387.34%
BE8/22/25$44.95$259.80477.98%
CLS5/1/25$87.00$350.47302.84%
RGC5/1/25$1.55$7.08356.77%
CCJ6/9/25$62.55$86.3938.11%
RHLD8/12/25$54.05$119.54121.17%
GEV5/20/25$447.50$999.92123.45%
CLS6/25/25$144.27$350.47142.93%
MIRM8/7/2025$54.23$85.5757.79%
CCJ6/9/25$62.55$86.3938.11%
WDC9/4/25$86.66$387.12346.71%
SNDK9/4/25$58.36$1,484.002442.84%
STX6/3/2025$117.67$753.25540.14%
TTMI6/3/25$30.41$108.31256.17%
MU9/29/25$157.54$990.16528.51%
INBX7/8/25$18.95$94.38398.05%
SPHR9/11/25$56.08$103.3784.33%
FIX7/24/25$553.09$1,676.66203.14%
MU9/25/25$157.54$990.16528.51%
VIK6/30/25$53.14$81.0952.60%

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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
  • Day 16 of $QQQ short term up-trend; GMI remains GREEN, see table. 25 stocks traded at an ATH on Friday, 6 were oil&gas and 4 were software firms. One software firm, PLTR, had a GLB on Friday, see daily and monthly charts and my analysis .
  • Day 15 of $QQQ short term up-trend; only 17 US stocks reached an ATH on Thursday, the most (7) were oil & gas related; 6 of them have more than doubled from their lows the past year. See list.
  • Day 13 of $QQQ short term up-trend; GMI=Green; More US new yearly highs than lows 91/46. 28 at ATH, most in software (6). DELL had a nice rise on Tuesday after its recent blue dot oversold bounce, see daily chart.
  • Day 12 of $QQQ short term up-trend, GMI=5 and turns GREEN! Many stocks are breaking out and NVDA even had a GLB on Monday! TQQQ up +14% since Day 1 on 9/18. Daily modified Guppy chart shows QQQ closing above all 12 averages.
  • Day 11 of $QQQ short term up-trend, its Weekly 10.4 Stochastic= 86, a sign of a strong up-trend, see GMI table; ARW had a nice high volume GLB to an ATH, see daily chart.

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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