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Dr. Wish

5th day of $QQQ short term up-trend

Thursday, October 30, 2014Friday, October 31, 2014 @ 10:30 pm by Dr. Wish
GMI6/6
GMI-27/9
T210857%

All but one of my indicators are positive.

2 Comments

4th day of $QQQ short term up-trend; GLB: $AAPL

Wednesday, October 29, 2014 @ 8:40 pm by Dr. Wish
GMI5/6
GMI-27/9
T210853%

AAPL continues to rocket higher after consolidating for weeks around its green line break-out (GLB). This is a daily chart.

AAPL10292014Here is its monthly chart, showing the green line drawn at its multi-month peak in 2012.

AAPLmonthly10292014

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3rd day of $QQQ short term up-trend

Tuesday, October 28, 2014 @ 7:55 pm by Dr. Wish
GMI5/6
GMI-27/9
T210855%

I am very tired today after an all-day meeting. Did not watch the market.

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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$73.97261.89%
SFM1/29/24$49.45$72.2046.01%
CRS4/23/24$79.66$448.25462.70%
AGX9/6/24$76.70$396.33416.73%
BTSG9/9/25$25.57$57.88126.36%
APP9/17/24$116.09$314.49170.90%
EAT10/1/24$78.33$214.69174.08%
PLTR11/5/24$44.91$165.86269.32%
ALMS1/6/26$13.53$9.90-26.83%
BE8/22/25$44.95$258.49475.06%
CLS5/1/25$87.00$325.22273.82%
RGC5/1/25$1.55$5.64263.87%
CCJ6/9/25$62.55$97.4255.75%
RHLD8/12/25$54.05$128.31137.39%
GEV5/20/25$447.50$923.91106.46%
CLS6/25/25$144.27$325.22125.42%
MIRM8/7/2025$54.23$100.6185.52%
CCJ6/9/25$62.55$97.4255.75%
WDC9/4/25$86.66$460.93431.88%
SNDK9/4/25$58.36$1,692.592800.26%
STX6/3/2025$117.67$862.33632.84%
TTMI6/3/25$30.41$122.34302.30%
MU9/29/25$157.54$977.41520.42%
INBX7/8/25$18.95$111.42487.97%
SPHR9/11/25$56.08$141.84152.92%
FIX7/24/25$553.09$1,590.81187.62%
MU9/25/25$157.54$977.41520.42%
VIK6/30/25$53.14$84.0158.09%

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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
  • The new 3x ETF’s–triple your pleasure — or pain
  • In the hospital. Will resume posting next week. Thank you for your patience.
  • How I use put options as investment insurance
  • 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
  • GMI turns RED; More yearly new lows than highs and only 19 of 6,556 stocks traded at an ATH, OIL & GAS (14) and Shipping & Ports (2) had the most, see list. Be careful!
  • An invaluable post to study: The table below shows how the 6 stocks I posted about on 8/17 have performed since then. One half are up 11% to 14% and half are down 1% to 5%. I explain how I found them among stocks hitting ATHs and why buying stocks at ATHs can be a winning trading strategy. Note: GMI=2
  • Blog: Day 24 of $QQQ short term up-trend; once again, Oil & Gas (7) and Shipping & Ports (4) Industries had the most stocks reaching an ATH on Tuesday, see list.
  • Blog: Day 23 of $QQQ short term up-trend; GMI remains Green, see table.
  • Strange day Monday: More new yearly lows than highs for first time since March 30 and lowest number of ATHs, 13, since 12 last March 31; That is when the February to March decline ended, see daily chart of SPY. See my blog for my attempt to explain this rare occurrence. Meanwhile, 6 of the 13 ATHs today were oil & gas related stocks, see the list on my blog.

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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