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19th day of QQQ short term down-trend

Friday, May 11, 2012Thursday, May 10, 2012 @ 7:00 am by Dr. Wish
GMI2/6
GMI-21/9
T210836%

I remain on the sidelines in my trading accounts.

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18th day of QQQ short term down-trend; housing has turned?

Thursday, May 10, 2012Thursday, May 10, 2012 @ 7:00 am by Dr. Wish
GMI1/6
GMI-20/9
T210835%

In cash. But check out IBD’s article on resurgence of housing.   I found it after noticing the new home developments that are being initiated near my home. The builders must be sensing renewed demand.

2 Comments

17th day of QQQ short term down-trend

Wednesday, May 9, 2012Tuesday, May 8, 2012 @ 7:00 am by Dr. Wish
GMI2/6
GMI-20/9

In cash on the sidelines in my trading accounts.   Looking for a rebound to short.

3 Comments
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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$90.18341.19%
SFM1/29/24$49.45$90.4482.89%
CRS4/23/24$79.66$420.59427.98%
AGX9/6/24$76.70$673.05777.51%
SATS8/26/25$50.21$132.96164.81%
APP9/17/24$116.09$459.56295.87%
EAT10/1/24$78.33$131.9768.48%
PLTR11/5/24$44.91$134.30199.04%
ALMS1/6/26$13.53$23.4573.32%
BE8/22/25$44.95$272.64506.54%
CLS5/1/25$87.00$364.69319.18%
RGC5/1/25$1.55$26.851632.26%
CCJ6/9/25$62.55$113.6381.66%
RHLD8/12/25$54.05$104.8894.04%
GEV5/20/25$447.50$1,049.86134.61%
CLS6/25/25$144.27$364.69152.78%
MIRM8/7/2025$54.23$113.20108.74%
CCJ6/9/25$62.55$113.6381.66%
WDC9/4/25$86.66$484.00458.50%
SNDK9/4/25$58.36$1,446.962379.37%
STX6/3/2025$117.67$801.09580.79%
TTMI6/3/25$30.41$165.63444.66%
MU9/29/25$157.54$796.63405.67%
INBX7/8/25$18.95$107.48467.18%
SPHR9/11/25$56.08$132.33135.97%
FIX7/24/25$553.09$1,969.09256.02%

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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 24 of QQQ short term up-trend; After many techs stocks weakened, $AAPL held its recent GLB and showed relative strength, see daily and weekly charts. So did NVDA and RKLB, charts not shown. GMI=5
  • Blog Post: Day 23 of QQQ short term up-trend; $RKLB rockets higher after large volume GLB, see its daily chart and also the chart of NASA.
  • Blog Post: Day 22 of $QQQ short term up-trend; QQQ 10 wk avg now closes week above 30 wk avg; GMI=GREEN; GLB breakouts are rocketing higher! Ignore the fearful pundits’ predictions. Just watch the markets. See the miraculous 5 day EMA post GLB. Charts: QQQ, INTC, AMD, CHAT.
  • Blog Post: Day 21 of $QQQ short term up-trend; Recent IPO, LIFE, has high volume follow through after its recent GLB, up 32%.
  • Blog Post: Day 19 of $QQQ short term up-trend; 10:30 weekly chart of QQQ shows 10 week average back above rising 30 week average–a major sign of strength.

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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