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Blog post: Day 10 of $QQQ short term down-trend; $QQQ siting on critical 30 week average; ARK ETFs, $ARKK and $ARKG entering Stage IV declines

Tuesday, October 5, 2021Tuesday, October 5, 2021 @ 8:01 am by Dr. Wish
GMI2/6
GMI-23/9
T210843%

Will 30 week average (red solid line) hold? If not, QQQ could be forming major top.

 

The two aRK ETFs look quite weak and toppy.

3 Comments

Blog post: Day 8 of $QQQ short term down-trend; $AAPL to enter BWR daily down-trend, along with $AMZN after failed GLBs?

Thursday, September 30, 2021 @ 6:24 pm by Dr. Wish
GMI1/6
GMI-21/9
T210838%

Both have failed GLBs.

2 Comments

Blog post: GMI falls to 1; Dollar rising ($UUP) with interest rates and gold ($GLD) declines

Thursday, September 30, 2021 @ 8:38 am by Dr. Wish
GMI1/6
GMI-21/9
T210843%

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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$87.94330.23%
SFM1/29/24$49.45$71.1343.84%
CRS4/23/24$79.66$406.53410.33%
AGX9/6/24$76.70$630.07721.47%
SATS8/26/25$50.21$119.78138.56%
APP9/17/24$116.09$443.43281.97%
EAT10/1/24$78.33$147.8088.69%
PLTR11/5/24$44.91$137.97207.21%
ALMS1/6/26$13.53$22.8969.18%
BE8/22/25$44.95$287.97540.65%
CLS5/1/25$87.00$376.54332.80%
RGC5/1/25$1.55$28.951767.74%
CCJ6/9/25$62.55$114.2982.72%
RHLD8/12/25$54.05$132.72145.55%
GEV5/20/25$447.50$1,063.11137.57%
CLS6/25/25$144.27$376.54161.00%
MIRM8/7/2025$54.23$94.2073.70%
CCJ6/9/25$62.55$114.2982.72%
WDC9/4/25$86.66$412.76376.30%
SNDK9/4/25$58.36$1,064.211723.53%
STX6/3/2025$117.67$643.30446.70%
TTMI6/3/25$30.41$137.50352.15%
MU9/29/25$157.54$518.46229.10%
INBX7/8/25$18.95$124.82558.68%
SPHR9/11/25$56.08$138.93147.74%
FIX7/24/25$553.09$1,724.14211.73%

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  • About the General Market Index (GMI)
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  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
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  • 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 Post: Day 15 of $QQQ short term up-trend; INTC has massive post-earnings gap up and GLB; it broke its ATH set in 2000, see daily and yearly charts.
  • Blog Post: Day 13 of $QQQ short term up-trend; NVDA has GLB, see modified daily Guppy chart and RWB up-trend. Learn about RWB in last week’s MoneyShow speech on this blog’s Webinars tab.
  • Blog Post: Day 12 of $QQQ short term up-trend; AMZN had a GLB on Friday, see charts; The link to last week’s MoneyShow presentation is on this blog’s webinar tab. Sign up there for my TraderLion MasterClass.
  • Blog Post: Day 11 of $QQQ short term up-trend; 19 of 109 stocks reaching an ATH on Thursday were in the semiconductor business. Perhaps that is why SOXL is up 135% since 3/31. It also had a GLB.
  • Blog Post: Day 10 of $QQQ short term up-trend; MoneyShow went great! Link to come. Semiconductors are red hot. See POET with high volume GLB today, daily, weekly and monthly charts below. Sign up to receive this blog automatically.

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  • 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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