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Blog Post: Day 20 of $QQQ short term down-trend, it may end Friday! If there is a new short term up-trend and it lasts, this time I will accumulate $TQQQ. If interest rates decline it will cause a stampede back into stocks by persons who have been hibernating in high interest savings accounts and treasuries. There may not be a chance to get in at lower levels. My blog: https://www.wishingwealthblog.com/

Thursday, August 15, 2024 @ 11:20 pm by Dr. Wish
GMI3/6
GMI-26/9
T210851%

Note that  the MACD histogram has turned blue (positive).

3 Comments

Blog Post: Day 18 of $QQQ short term down-trend; $QQQ still in a BWR daily down-trend, see chart.

Tuesday, August 13, 2024 @ 10:57 pm by Dr. Wish
GMI1/6
GMI-25/9
T210844%

QQQ  still closed (dotted line) below all blue averages. The next few days should tell us whether an up-trend materializes or the decline resumes.

Screenshot
1 Comment

Blog Post: Day 13 of $QQQ short term down-trend; I found only 5 stocks on my growth watchlist of 300+ stocks that had perfect daily and weekly RWB patterns. The list below is worth investigating.

Wednesday, August 7, 2024 @ 12:18 pm by Dr. Wish
GMI0/6
GMI-21/9
T210836%

These stocks also had a recent GLB to an ATH and are up at least 50% in the past year. When the market falters, it is easier to see the potential leaders.

Screenshot

 

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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$81.19297.21%
SFM1/29/24$49.45$75.4552.58%
CRS4/23/24$79.66$429.90439.67%
AGX9/6/24$76.70$601.56684.30%
SATS8/26/25$50.21$132.20163.29%
APP9/17/24$116.09$463.80299.52%
EAT10/1/24$78.33$159.05103.05%
PLTR11/5/24$44.91$142.04216.28%
ALMS1/6/26$13.53$23.3772.73%
BE8/22/25$44.95$213.57375.13%
CLS5/1/25$87.00$382.11339.21%
RGC5/1/25$1.55$29.611810.32%
CCJ6/9/25$62.55$119.4590.97%
RHLD8/12/25$54.05$149.92177.37%
GEV5/20/25$447.50$988.20120.83%
CLS6/25/25$144.27$382.11164.86%
MIRM8/7/2025$54.23$96.9678.79%
CCJ6/9/25$62.55$119.4590.97%
WDC9/4/25$86.66$363.00318.88%
SNDK9/4/25$58.36$893.391430.83%
STX6/3/2025$117.67$517.65339.92%
TTMI6/3/25$30.41$115.19278.79%
MU9/29/25$157.54$450.57186.00%
INBX7/8/25$18.95$81.93332.35%
SPHR9/11/25$56.08$133.18137.48%
FIX7/24/25$553.09$1,639.20196.37%

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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.
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  • 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 4 of $QQQ short term up-trend; Gradually buying TQQQ; 213 US new highs and 5 lows; QQQ on way to ATH and GLB, see weekly chart. Get link to my upcoming presentation.
  • Blog Post: Day 3 of $QQQ short term up-trend; Stocks are breaking out and worth buying. Some stocks with a recent high volume GLB: ANRO, NBIS, VIRT, AEHR, see daily charts.
  • Blog post: Day 2 of $QQQ short term up-trend; GMI turns GREEN; QQQ must hold its 30 week average @607.12; Get the link to my free virtual presentation at the MoneyShow 2026 on April 22.
  • 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.

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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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