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Dr. Wish

Blog Post: Day 21 of $QQQ short term up-trend; $NFLX continues to rise to ATH after GLB, reports on 10/17, see daily chart

Thursday, October 10, 2024 @ 10:19 pm by Dr. Wish
GMI4/6
GMI-27/9
T210848%
Screenshot
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Blog Post: Day 20 of $QQQ short term up-trend; However, my 10:30 weekly chart shows that $QQQ has been in a longer term up-trend with the 10 week average above the rising 30 week average, since April, 2023.

Wednesday, October 9, 2024 @ 9:22 pm by Dr. Wish
GMI6/6
GMI-27/9
T210851%
Screenshot
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Blog Post: Day 19 of $QQQ short term up-trend; Here is a list of 17 doublers that reached an ATH on Tuesday; there are many leaders to research

Tuesday, October 8, 2024 @ 10:27 pm by Dr. Wish
GMI5/6
GMI-27/9
T210849%

Therese are sorted by % gain from their 250 day low.

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Current GMI Signal

GREEN

since close on APR 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.

Sym.DateGLB $Now $Chg.
ENLT6/18/25$20.44$90.88344.62%
SFM1/29/24$49.45$85.5072.90%
CRS4/23/24$79.66$527.34561.99%
AGX9/6/24$76.70$593.30673.53%
SATS8/26/25$50.21$115.08129.20%
APP9/17/24$116.09$500.44331.08%
EAT10/1/24$78.33$150.4192.02%
PLTR11/5/24$44.91$131.56192.94%
ALMS1/6/26$13.53$20.4551.15%
BE8/22/25$44.95$232.88418.09%
CLS5/1/25$87.00$361.08315.03%
RGC5/1/25$1.55$20.681234.19%
CCJ6/9/25$62.55$95.3452.42%
RHLD8/12/25$54.05$119.69121.44%
GEV5/20/25$447.50$864.9293.28%
CLS6/25/25$144.27$361.08150.28%
MIRM8/7/2025$54.23$95.2675.66%
CCJ6/9/25$62.55$95.3452.42%
WDC9/4/25$86.66$487.78462.87%
SNDK9/4/25$58.36$1,640.962711.79%
STX6/3/2025$117.67$807.74586.45%
TTMI6/3/25$30.41$169.93458.80%
MU9/29/25$157.54$895.12468.19%
INBX7/8/25$18.95$89.25370.98%
SPHR9/11/25$56.08$142.01153.23%
FIX7/24/25$553.09$1,717.67210.56%

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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
  • The new 3x ETF’s–triple your pleasure — or pain
  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
  • 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
  • Blog: Day 43 of $QQQ short term up-trend, it could end on Wednesday; Longer term up-trend remains, see weekly chart. QQQ has found support at its rising 10 week average, but is below its 4 week. Note how long it held its rising 4 week average, quite a rally.
  • Blog: Day 41 of $QQQ short term up-trend, it may end on Monday; Longer term up-trend still intact., GMI=6 (of 6).
  • The same chart pattern I posted yesterday for the 2000 top also got me out of the market just before the 2008 decline. Market tops take time to develop. I ignore the news and gossip and watch the 30 week average.
  • HOW I IDENTIFIED AND EXITED AT THE MARKET TOP IN 2000–WHEN THE 30 WEEK AVERAGE CURVED DOWN. TO IDENTIFY A LIKELY TOP, I JUST WATCH THE 30 WEEK AVERAGE. Compare the weekly charts of QQQ from 2000 and now.
  • Blog: Day 36 of QQQ short term up-trend; I am amazed how strongly advancing stocks and ETFs may track along their 5 day exponential moving average, see daily charts of QQQ and DELL.

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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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