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Blog Post: Day 5 of $QQQ short term up-trend; 81 US new highs and 42 lows; see list of 17 growth stocks at ATHs

Tuesday, October 17, 2023 @ 9:58 pm by Dr. Wish
GMI3/6
GMI-25/9
T210834%

Stocks on my recent IBD/MS lists, sorted by close/lowest price last 250 days.

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Blog Post: Day 4 of $QQQ short term up-trend; GMI rises to 4; 58 new US highs and 51 lows; 14 stocks at ATH, see list

Monday, October 16, 2023 @ 9:55 pm by Dr. Wish
GMI4/6
GMI-26/9
T210830%

Sorted by close/250 day low.

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Blog Post: Day 2 of $QQQ short term up-trend; 68 US new highs and 162 lows; $QQQ stops right at declining trend line, see daily chart, will it break through?

Thursday, October 12, 2023 @ 6:05 pm by Dr. Wish
GMI2/6
GMI-25/9
T210825%

Remember, I am more confident of a change in my $QQQ short term trend indicator when it reaches Day 5. We must be nimble.

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Current GMI Signal

GREEN

since close on Dec 1, 2025

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.
HWM11/14/23$51.34$248.80384.61%
SFM1/29/24$49.45$67.1635.81%
CRS4/23/24$79.66$374.81370.51%
AGX9/6/24$76.70$425.41454.64%
BKNG9/16/24$3,918.00$4,258.188.68%
APP9/17/24$116.09$403.39247.48%
EAT10/1/24$78.33$161.93106.73%
PLTR11/5/24$44.91$139.25210.06%
SPOT11/6/24$387.44$479.2023.68%
CRWD4/24/25$398.33$419.065.20%
CLS5/1/25$87.00$300.69245.62%
RGC5/1/25$1.55$31.621940.00%
CCJ6/9/25$62.55$116.7986.71%
CRWV5/14/25$64.62$95.9248.44%
GEV5/20/25$447.50$820.9983.46%
NVDA6/3/25$140.76$189.2834.47%
MIRM8/7/2025$54.23$104.8293.29%
CCJ6/9/25$62.55$116.7986.71%
QBTS5/20/25$13.23$19.3145.96%
HOOD6/30/25$85.60$76.50-10.63%
IREN9/9/2025$28.25$43.6054.34%

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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
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • 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 9 of $QQQ short term down-trend; GMI could turn RED Wednesday; See ominous weekly chart below.
  • Blog: Day 8 of $QQQ short term down-trend; Utilities had most ATHs (13, see list), followed by Oil&Gas (10)! Rotation away from tech and growth to energy! $QQQ is back to where it was last October, on Green Line top and 30 week average! See weekly chart.
  • Blog Post: Day 7 of $QQQ short term down-trend; GMI =2, could turn RED Friday; $QQQ enters daily BWR down-trend, see modified Guppy chart; cash is king!
  • Blog Post: Day 5 of $QQQ short term down-trend; $XOM stands out as a climbing rocket, see daily chart and details.
  • Very strange readings: GMI=4 but GMI2=1, see Table! Stocks not in QQQ are doing well but tech growth stocks are weaker. $QQQ had a Blue Dot of Happiness oversold bounce on Friday. Such divergence before. Time will tell how this will be resolved.

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  • Dark Liquidity
  • Seeking Alpha
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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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