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Blog Post: Day 28 of $QQQ short term up-trend; $NVDA has below average volume GLB, be careful, see daily chart

Monday, October 21, 2024 @ 10:56 pm by Dr. Wish
GMI6/6
GMI-26/9
T210853%
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Blog Post: Day 26 of $QQQ short term up-trend; This list shows 16 growth stocks that reached an ATH on Thursday and met my weekly green bar scan, described on blog

Thursday, October 17, 2024 @ 8:57 pm by Dr. Wish
GMI6/6
GMI-27/9
T210862%

All bounced up off of their rising 4 wk averages and had a RS (SPY) at a 2o week high. If I bought any of these I would place my stop loss just below this week’s low.

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Blog Post: Day 23 of $QQQ short term up-trend; $NVDA is just below its last green line top; I will wait to see if it has a GLB to an ATH, see daily and monthly charts; see how prior GLBs have worked

Monday, October 14, 2024 @ 7:59 pm by Dr. Wish
GMI6/6
GMI-27/9
T210859%
Monthly chart. See how prior GLBs have worked. Once a higher green line is formed, I change prior green lines to orange.

 

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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#N/A#N/A
SFM1/29/24$49.45#N/A#N/A
CRS4/23/24$79.66#N/A#N/A
AGX9/6/24$76.70#N/A#N/A
SATS8/26/25$50.21#N/A#N/A
APP9/17/24$116.09#N/A#N/A
EAT10/1/24$78.33#N/A#N/A
PLTR11/5/24$44.91#N/A#N/A
ALMS1/6/26$13.53#N/A#N/A
BE8/22/25$44.95#N/A#N/A
CLS5/1/25$87.00#N/A#N/A
RGC5/1/25$1.55#N/A#N/A
CCJ6/9/25$62.55#N/A#N/A
RHLD8/12/25$54.05#N/A#N/A
GEV5/20/25$447.50#N/A#N/A
CLS6/25/25$144.27#N/A#N/A
MIRM8/7/2025$54.23#N/A#N/A
CCJ6/9/25$62.55#N/A#N/A
WDC9/4/25$86.66#N/A#N/A
SNDK9/4/25$58.36#N/A#N/A
STX6/3/2025$117.67#N/A#N/A
TTMI6/3/25$30.41#N/A#N/A
MU9/29/25$157.54#N/A#N/A
INBX7/8/25$18.95#N/A#N/A
SPHR9/11/25$56.08#N/A#N/A
FIX7/24/25$553.09#N/A#N/A

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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
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  • 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 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.
  • Blog Post: Day 9 of $QQQ short term up-trend; See you at the virtual MoneyShow tomorrow; So many GLBs are profitable. Look at AMD, DELL, CLS, MRVL that I wrote about, and see their daily charts. Tomorrow, I will explain how I found them.
  • Blog Post: Day Day 6 of $QQQ short term up-trend; See you at the MoneyShow virtual event on Wednesday? GMI remains GREEN; see 4 stocks with a GLB last week: AMD,DELL,MRVL,CLS.
  • Blog Post, Day 6 of $QQQ short term up-trend; 10 of the 51 US stocks (out of 6,403) that traded at an ATH on Thursday are listed below; semiconductors are on fire! See list and daily chart of 3x ETF, SOXL.
  • Blog Post: Day 5 of $QQQ short term up-trend, GMI=6! QQQ has GLB to ATH! When GMI=6, my setups work best. See weekly chart of QQQ.

Blogroll

  • Barchart All-Time Highs
  • 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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