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5th day of $QQQ short term up-trend; $OLED

Thursday, June 2, 2016 @ 6:05 am by Dr. Wish
GMI6/6
GMI-27/9
T210866%

I have more confidence in a new short term QQQ up- trend when it reaches the 5th day.

OLED has been holding its recent GLB to all-time highs. (I have a small position.)

Screen Shot 2016-06-02 at 6.01.04 AM

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4th day of $QQQ short term up-trend; $AON holding GLB

Tuesday, May 31, 2016 @ 10:28 pm by Dr. Wish
GMI6/6
GMI-27/9
T210864%

Check out this daily chart of AON. Note the above average volume on Tuesday as AON rose to a new all-time high.

Screen Shot 2016-05-31 at 10.23.38 PMI tweeted about AON during the day. Catch my tweets at: @wishingwealth

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2nd day of $QQQ short term up-trend; $SPY beginning RWB up-trend!!

Thursday, May 26, 2016 @ 8:30 pm by Dr. Wish
GMI5/6
GMI-27/9
T210860%

SPY is turning into an RWB up-trend. Check out this daily Guppy chart.

Screen Shot 2016-05-26 at 8.28.29 PM

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Current GMI Signal

RED

since close on SEP 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.

Green Line Breakout stocks
Sym.DateGLB $Now $Chg.
ENLT6/18/25$20.44$75.55269.62%
SFM1/29/24$49.45$70.4642.49%
CRS4/23/24$79.66$400.02402.16%
AGX9/6/24$76.70$381.85397.85%
BTSG9/9/25$25.57$58.21127.65%
APP9/17/24$116.09$317.05173.11%
EAT10/1/24$78.33$201.15156.80%
PLTR11/5/24$44.91$175.73291.29%
ALMS1/6/26$13.53$7.81-42.28%
BE8/22/25$44.95$280.30523.58%
CLS5/1/25$87.00$331.46280.99%
RGC5/1/25$1.55$5.87278.71%
CCJ6/9/25$62.55$92.8548.44%
RHLD8/12/25$54.05$117.18116.80%
GEV5/20/25$447.50$927.50107.26%
CLS6/25/25$144.27$331.46129.75%
MIRM8/7/2025$54.23$98.3681.38%
CCJ6/9/25$62.55$92.8548.44%
WDC9/4/25$86.66$421.69386.60%
SNDK9/4/25$58.36$1,593.542630.53%
STX6/3/2025$117.67$795.62576.15%
TTMI6/3/25$30.41$115.24278.95%
MU9/29/25$157.54$975.47519.19%
INBX7/8/25$18.95$104.77452.88%
SPHR9/11/25$56.08$146.12160.56%
FIX7/24/25$553.09$1,581.12185.87%
MU9/25/25$157.54$975.47519.19%
VIK6/30/25$53.14$85.0560.05%

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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
  • 126 yearly new lows and 88 new highs, GMI= RED and Day 3 of $QQQ short term down-trend, but QQQ is short term oversold and may bounce Wednesday. Gas/Oil stocks are strong, see MPC and PSX. I go where the ATHs are.
  • GMI=1 and RED; Day 1 of $QQQ short term down-trend; 3 days in a row with more yearly lows than highs; only 21 stocks reached ATHs on Friday, QQQ now closed below 4wk avg. Be very careful.
  • GMI turns RED; More yearly new lows than highs and only 19 of 6,556 stocks traded at an ATH, OIL & GAS (14) and Shipping & Ports (2) had the most, see list. Be careful!
  • An invaluable post to study: The table below shows how the 6 stocks I posted about on 8/17 have performed since then. One half are up 11% to 14% and half are down 1% to 5%. I explain how I found them among stocks hitting ATHs and why buying stocks at ATHs can be a winning trading strategy. Note: GMI=2
  • Blog: Day 24 of $QQQ short term up-trend; once again, Oil & Gas (7) and Shipping & Ports (4) Industries had the most stocks reaching an ATH on Tuesday, see list.

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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