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Dr. Wish

ONVO still strong

Wednesday, October 30, 2013 @ 8:52 pm by Dr. Wish
GMI6/6
GMI-28/9
T210873%

ONVO has risen 9 of the last 10 days.   ONVO is in the exciting 3D bio-printing business. It broke out on high volume 8 days ago. ONVO is very speculative and I have a small position.

ONVOdaily10302013

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13th day of QQQ short term up-trend; JCI: green line break-out

Tuesday, October 29, 2013 @ 9:16 pm by Dr. Wish
GMI6/6
GMI-28/9
T210877%

All of my GMI and GMI-2 components are positive. JCI reported record earnings and had a large volume green line break-out on Tuesday. Check out its daily chart.

JCIdaily

 

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12rth day of QQQ short term up-trend; TSLA head and shoulders top?

Monday, October 28, 2013Tuesday, October 29, 2013 @ 9:57 pm by Dr. Wish
GMI6/6
GMI-27/9
T210877%

Is TSLA forming a head and shoulders top? Check out this daily chart. TSLA may be on the neckline.   A penetration could lead to a sharp sell-off.

TSLAdaily10282013This daily GMMA chart shows that the RWB pattern is gone, with the shorter averages (red)   about to cross below the longer averages (blue).

TSLAGMMA

 

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Current GMI Signal

RED

since close on JUL 20, 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$91.77348.97%
SFM1/29/24$49.45$77.1756.06%
CRS4/23/24$79.66$577.74625.26%
AGX9/6/24$76.70$538.74602.40%
BTSG9/9/25$25.57$71.96181.42%
APP9/17/24$116.09$414.51257.06%
EAT10/1/24$78.33$195.54149.64%
PLTR11/5/24$44.91$131.31192.38%
ALMS1/6/26$13.53$27.34102.07%
BE8/22/25$44.95$187.49317.11%
CLS5/1/25$87.00$314.78261.82%
RGC5/1/25$1.55$5.82275.48%
CCJ6/9/25$62.55$89.2442.67%
RHLD8/12/25$54.05$125.68132.53%
GEV5/20/25$447.50$984.93120.10%
CLS6/25/25$144.27$314.78118.19%
MIRM8/7/2025$54.23$114.94111.95%
CCJ6/9/25$62.55$89.2442.67%
WDC9/4/25$86.66$496.86473.34%
SNDK9/4/25$58.36$1,271.272078.32%
STX6/3/2025$117.67$816.08593.53%
TTMI6/3/25$30.41$123.48306.05%
MU9/29/25$157.54$892.38466.45%
INBX7/8/25$18.95$82.04332.93%
SPHR9/11/25$56.08$139.69149.09%
FIX7/24/25$553.09$1,714.11209.92%
MU9/25/25$157.54$892.38466.45%

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PopularMost DiscussedRecent
  • 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
  • Blog: Modified Daily Guppy chart shows the current trend for $QQQ. QQQ is very oversold with Friday’s SFS (super fast stochastic) below 10. So QQQ may bounce this week. GMI remains RED, however. See Guppy charts for QQQ, AAPL, JNJ and the GMI table.
  • Blog: Day 14 of $QQQ short term down-trend; UGA, the U.S. gasoline fund had an ATH today and a GLB last March. See weekly and monthly charts.
  • Blog: Day 13 of $QQQ short term down-trend; TESLA and GOOGL had BWR down-trends in their daily modified Guppy charts and swooned tonight. A BWR down-trend may predict bad earnings news. See their charts and NFLX.
  • Blog: Day 12 of $QQQ short term down-trend; there was a blue dot oversold bounce on Friday setting up the recent rally, see daily chart; the GMI flashes RED.
  • Blog: Day 11 of $QQQ short term down-trend; GMI=1 and could flash Red Tuesday. This modified daily Guppy chart clearly contrasts the current market environment with that during the wonderful May rally. I am mainly in cash in my trading accounts.

Blogroll

  • Barchart All-Time Highs
  • Blue Collar Investor
  • CNNMoney: Pre-market Futures
  • Dark Liquidity
  • Seeking Alpha
  • Stock Chartist

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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