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80th day of $QQQ short term up-trend

Thursday, July 30, 2020 @ 9:32 pm by Dr. Wish
GMI6/6
GMI-27/9
T210856%

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$AMD holds recent GLB and is ready to explode upward with last night’s earnings–GLBs are a valuable tool

Wednesday, July 29, 2020 @ 8:55 am by Dr. Wish
GMI6/6
GMI-24/9
T210853%

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Blog post–Very defensive; $QQQ short term up-trend at 75 days is likely nearing end; GLD climbing with dollar sinking; FANG stocks weak

Friday, July 24, 2020 @ 8:18 am by Dr. Wish
GMI5/6
GMI-25/9
T210860%

Look at yesterdays performance of my FANG watchlist that includes 3 index ETFs , GLD,  the dollar ETF, UUP, and the 5 “FANG” stocks.

 

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Current GMI Signal

RED

since close on Mar 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$74.57264.82%
SFM1/29/24$49.45$75.8653.41%
CRS4/23/24$79.66$435.61446.84%
AGX9/6/24$76.70$604.84688.58%
SATS8/26/25$50.21$125.30149.55%
APP9/17/24$116.09$386.03232.53%
EAT10/1/24$78.33$154.3897.09%
PLTR11/5/24$44.91$127.18183.19%
ALMS1/6/26$13.53$22.8168.59%
BE8/22/25$44.95$168.43274.71%
CLS5/1/25$87.00$349.47301.69%
RGC5/1/25$1.55$28.531740.65%
CCJ6/9/25$62.55$116.3786.04%
RHLD8/12/25$54.05$155.45187.60%
GEV5/20/25$447.50$992.23121.73%
CLS6/25/25$144.27$349.47142.23%
MIRM8/7/2025$54.23$94.5074.26%
CCJ6/9/25$62.55$116.3786.04%
WDC9/4/25$86.66$346.93300.33%
SNDK9/4/25$58.36$854.011363.35%
STX6/3/2025$117.67$504.70328.91%
TTMI6/3/25$30.41$119.86294.15%
MU9/29/25$157.54$418.17165.44%
INBX7/8/25$18.95$74.35292.35%
SPHR9/11/25$56.08$127.84127.96%
FIX7/24/25$553.09$1,599.53189.20%

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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 Post: Day 1 of $QQQ short term up-trend; GMI=5; 113 US stocks reached an ATH; QQQ retakes 30 week average, but must hold above it to possibly begin a Stage 2 up-trend, but we are not there yet. Also, watch the 10 week average.
  • Blog Post: Day 41 of $QQQ short term down-trend; $QQQ finishing Stage 3 and may begin Stage 4 decline; I never fight the market’s trend. Only young people can wait out a decline and recovery. I believe that Boomers belong on the sidelines, protecting their hard earned savings and investments.
  • Blog post: Day 40 of $QQQ short term down-trend; Daily modified Guppy chart told you to get out of $RH long before Wednesday’s 19% drop. All major indexes remain in BWR down-trends. See $USO RWB up-trend.
  • Blog post: Day 39 of $QQQ short term down-trend; GMI=0; $QQQ weekly chart below shows continuing significant down-trend with 4wk avg<10wk avg<30wk avg; waiting for a confirmed new up-trend.
  • Blog Post: Day 37 of $QQQ short term down-trend; GMI=1 and 10 week average closes week below 30 week average, see weekly chart. Stage 4 down-trend likely.

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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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