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Blog Post: $LLY rockets higher to ATH after retesting GLB, see daily chart

Wednesday, May 3, 2023 @ 9:22 pm by Dr. Wish
GMI6/6
GMI-24/9
T210839%

Three days after the GLB the stock returned to kiss the green line. Note the huge volume Wednesday as LLY announced promising clinical trial results.

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Blog Post: Day 3 of $QQQ short term up-trend; 63 US new highs and 254 lows; $GLD looking up again, see daily chart

Tuesday, May 2, 2023 @ 8:01 pm by Dr. Wish
GMI4/6
GMI-25/9
T210839%

Gold is starting to move. Note the volume spike on Tuesday. Gold did real well during the 2011 debt crisis. Stay tuned.

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Blog Post: Day 2 of $QQQ short term up-trend; 130 US new highs and 62 lows; See list of 21 stocks at ATH

Monday, May 1, 2023 @ 6:01 pm by Dr. Wish
GMI6/6
GMI-27/9
T210847%

Ordered by today’s price divided by lowest price the past year. Note expected next earnings dates.

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Current GMI Signal

GREEN

since close on AUG 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.

Sym.DateGLB $Now $Chg.
ENLT6/18/25$20.44$85.12316.44%
SFM1/29/24$49.45$84.3370.54%
CRS4/23/24$79.66$535.06571.68%
AGX9/6/24$76.70$583.42660.65%
BTSG9/9/25$25.57$60.07134.92%
APP9/17/24$116.09$310.02167.05%
EAT10/1/24$78.33$249.91219.05%
PLTR11/5/24$44.91$172.38283.83%
ALMS1/6/26$13.53$25.1285.66%
BE8/22/25$44.95$240.30434.59%
CLS5/1/25$87.00$336.68286.99%
RGC5/1/25$1.55$5.08227.74%
CCJ6/9/25$62.55$99.5259.10%
RHLD8/12/25$54.05$133.53147.05%
GEV5/20/25$447.50$1,043.40133.16%
CLS6/25/25$144.27$336.68133.37%
MIRM8/7/2025$54.23$99.2182.94%
CCJ6/9/25$62.55$99.5259.10%
WDC9/4/25$86.66$462.00433.12%
SNDK9/4/25$58.36$1,374.862255.83%
STX6/3/2025$117.67$881.27648.93%
TTMI6/3/25$30.41$140.60362.35%
MU9/29/25$157.54$933.38492.47%
INBX7/8/25$18.95$95.40403.43%
SPHR9/11/25$56.08$175.34212.66%
FIX7/24/25$553.09$1,754.73217.26%
MU9/25/25$157.54$933.38492.47%
VIK6/30/25$53.14$104.4596.56%

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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
  • 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: Day 5 of $QQQ short term up-trend; 52 US stocks out of 6,536 (<1%) reached an ATH on Tuesday; The most were biotechs (8), followed by Regional banks (4) and Oil & Gas Equipment and Service (4). See list of biotechs below.
  • Blog: Day 3 of $QQQ short term up-trend and GMI=6 and Green. This weekly chart of QQQ shows its current strength as it continues in a Stage 2 up-trend.
  • Blog: Day 2 of $QQQ short term up-trend; GMI turns Green! Slowly adding TQQQ, but will be more confident and invested if/when we reach Day 5 of the new up-trend. QQQ also remains in a Weinstein Stage 2 up-trend.
  • Day 1 of $QQQ short term up-trend; Modified daily Guppy chart of QQQ no longer shows BWR down-trend. Is an RWB up-trend on deck? Stay tuned.
  • Blog: Day 20 of $QQQ short term down-trend; GMI=2, see table; QQQ is below its 4wk and 10wk average but is holding its critical 30 wk average, see weekly chart.

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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