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$SSTI breaks out again, after 2 green dot signals

Thursday, June 7, 2018 @ 9:36 pm by Dr. Wish
GMI6/6
GMI-28/9
T210869%

I wrote about SSTI as the new Taser stock on March 19 when it was 23.54. It consolidated and then broke out again. See weekly chart. Stocks that double often go on to double again.

Note the green dot signals on the daily chart.

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Utilities ETF $XLU collapses with rising rates; 25th day of $QQQ short term up-trend

Wednesday, June 6, 2018 @ 9:06 pm by Dr. Wish
GMI6/6
GMI-28/9
T210868%

 

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$QQQ holds break-out; 24th day of $QQQ short term up-trend

Tuesday, June 5, 2018 @ 9:49 pm by Dr. Wish
GMI6/6
GMI-28/9
T210866%

QQQ continues beyond break-out level. Note the Bollinger Band expansion.

 

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Current GMI Signal

RED

since close on Nov 17, 2024

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$198.27286.19%
SFM1/29/24$49.45$80.2762.33%
CRS4/23/24$79.66$312.48292.27%
AGX9/6/24$76.70$359.64368.89%
BKNG9/16/24$3,918.00$4,863.0024.12%
APP9/17/24$116.09$536.97362.55%
DUOL9/18/24$245.87$169.33-31.13%
EAT10/1/24$78.33$137.7575.86%
NFLX10/18/24$700.99$104.23-85.13%
LRN10/23/24$69.70$63.92-8.29%
PLTR11/5/24$44.91$160.98258.45%
SPOT11/6/24$387.44$577.7249.11%
CRWD4/24/25$398.33$499.4525.39%
CLS5/1/25$87.00$300.16245.01%
RGC5/1/25$1.55$12.32694.84%
CCJ6/9/25$62.55$80.5628.79%
SEZL5/9/25$79.59$53.88-32.30%
CRWV5/14/25$64.62$72.6012.35%
GEV5/20/25$447.50$568.7727.10%
NVDA6/3/25$140.76$178.3226.68%
MIRM8/7/2025$54.23$71.8232.44%
CCJ6/9/25$62.55$80.5628.79%
ORCL6/12/25$198.31$201.351.53%
QBTS5/20/25$13.23$21.5062.51%
IONQ9/12/25$54.74$43.25-20.99%
HOOD6/30/25$85.60$111.3730.11%
IREN9/9/2025$28.25$45.6061.42%

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  • 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 6 of $QQQ short term down-trend; 74 US new highs and 97 lows; Friday’s late bounce held $QQQe above its 30 week average, but major indexes closed below their critical 10 week averages; GMI=RED and cash is king; See weekly 10:30 chart of $QQQ and my explanation.
  • Blog Post: Day 5 of $QQQ short term down-trend; $DIA, $SPY, $QQQ and $IWM are no longer in daily RWB up-trends; This is true even for $NVDA, see its daily modified Guppy chart.
  • Blog Post: Day 3 of new $QQQ short term down-trend. Biotechs are coming alive, see list of 7 at ATHs and weekly chart of biotech ETF, $XBI.
  • Blog Post: Day 2 of $QQQ short term down-trend; GMI=1 and RED; Daily RWB up-trend over, see modified daily Guppy chart.
  • Blog Post: Day 1 of $QQQ short term down-trend; QQQ found support again at lower daily 15.2 BB. Will it hold?

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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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