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27th day of $QQQ short term up-trend; GLB: $SQ

Wednesday, March 30, 2016 @ 10:40 pm by Dr. Wish
GMI6/6
GMI-26/9
T210887%

SQ  had a GLB on Wednesday!

Screen Shot 2016-03-30 at 10.38.16 PM

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26th day of $QQQ short term up-trend; GLB stocks shine: $DOC, $ELLI. $INXN

Tuesday, March 29, 2016 @ 7:06 pm by Dr. Wish
GMI6/6
GMI-25/9
T210887%

Enjoy this wonderful end of quarter window dressing bounce. There were 187 new highs on Tuesday! Many of my GLB stocks performed wonderfully on Tuesday! A lot of GLB stocks that have been hesitating after their break-outs took off. Like DOC, just what the doctor ordered!

Screen Shot 2016-03-29 at 7.00.35 PMOr ELLI:

Screen Shot 2016-03-29 at 7.02.23 PMOr INXN:

Screen Shot 2016-03-29 at 7.03.31 PM

 

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25th day of $QQQ short term up-trend

Tuesday, March 29, 2016 @ 6:38 am by Dr. Wish
GMI5/6
GMI-23/9
T210882%

All eyes on Fed! In the middle of mutual fund window dressing. Watch the leaders.

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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$205.58300.43%
SFM1/29/24$49.45$83.1668.17%
CRS4/23/24$79.66$321.49303.58%
AGX9/6/24$76.70$382.40398.57%
BKNG9/16/24$3,918.00$4,936.7726.00%
APP9/17/24$116.09$581.05400.52%
EAT10/1/24$78.33$153.2995.70%
PLTR11/5/24$44.91$165.97269.56%
SPOT11/6/24$387.44$596.6554.00%
CRWD4/24/25$398.33$504.0026.53%
CLS5/1/25$87.00$329.31278.52%
RGC5/1/25$1.55$11.36632.90%
CCJ6/9/25$62.55$88.7241.84%
CRWV5/14/25$64.62$73.3913.57%
GEV5/20/25$447.50$590.9932.06%
NVDA6/3/25$140.76$180.1828.01%
MIRM8/7/2025$54.23$72.7934.22%
CCJ6/9/25$62.55$88.7241.84%
QBTS5/20/25$13.23$22.1867.65%
HOOD6/30/25$85.60$124.9145.92%
IREN9/9/2025$28.25$46.5864.88%

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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 8 of $QQQ short term down-trend but GMI=4 and could turn GREEN on Wednesday; $QQQ back above all 12 daily averages in modified Guppy chart, see also RWB uptrend in $XBI.
  • 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.

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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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