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Blog Post: 11th day of $QQQ short term down-trend, could end Friday; 75 US new highs and 64 lows, see list of 11 at ATH

Thursday, November 2, 2023 @ 9:21 pm by Dr. Wish
GMI1/6
GMI-26/9
T210839%

11 growth stocks at ATH, sorted by last column, close/minimum price last 250 days.

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Blog Post: Day 10 of $QQQ short term down-trend; IBD calls Market in Confirmed Uptrend; We shall see, only 33 US new highs and 153 lows on Wednesday; $QQQ retakes 30 week average, see chart, but will it hold, $AAPL earnings on deck

Wednesday, November 1, 2023 @ 9:00 pm by Dr. Wish
GMI0/6
GMI-24/9
T210825%

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Blog Post: Day 9 of $QQQ short term down-trend; 18 US new highs and 112 lows; $QQQ up against resistance; in treasury bills, $TBIL, and money market funds earning 5%+

Tuesday, October 31, 2023 @ 9:56 pm by Dr. Wish
GMI0/6
GMI-21/9
T210821%

It remains to be seen whether QQQ can close back above the declining trend channel line. Prior support becomes resistance.

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Current GMI Signal

GREEN

since close on Dec 1, 2025

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$214.69318.17%
SFM1/29/24$49.45$77.0055.71%
CRS4/23/24$79.66$335.67321.38%
AGX9/6/24$76.70$330.42330.80%
BKNG9/16/24$3,918.00$5,348.3936.51%
APP9/17/24$116.09$617.24431.69%
EAT10/1/24$78.33$155.9599.09%
PLTR11/5/24$44.91$179.71300.16%
SPOT11/6/24$387.44$571.4347.49%
CRWD4/24/25$398.33$458.3215.06%
CLS5/1/25$87.00$305.00250.57%
RGC5/1/25$1.55$33.032030.97%
CCJ6/9/25$62.55$102.0963.21%
CRWV5/14/25$64.62$77.9420.61%
GEV5/20/25$447.50$686.3353.37%
NVDA6/3/25$140.76$187.2433.02%
MIRM8/7/2025$54.23$76.4640.99%
CCJ6/9/25$62.55$102.0963.21%
QBTS5/20/25$13.23$31.27136.36%
HOOD6/30/25$85.60$121.7042.17%
IREN9/9/2025$28.25$45.9162.51%

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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
  • The new 3x ETF’s–triple your pleasure — or pain
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • 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 1 of $QQQ short term up-trend; Livermore liked to buy a stock if other companies in the same industry were also showing strength; On Tuesday, 17 of 113 stocks at ATHs were from the Aerospace and Defense industries, more than any other industry, see list and 3X ETF, $DFEN.
  • Blog Post: Day 1 of $QQQ short term down-trend; GMI=2 and could turn RED on Monday. QQQ has now closed below its 10 week average, see weekly chart.
  • Blog Post: Day 7 of $QQQ short term up-trend, but it will likely end on Friday; Only 1 Nasdaq 100 stock rose on Wednesday !!!???? Long term treasury bonds, $TLT, are dropping! Setups are failing. Time for me to be on the sidelines.
  • Blog Post: Day 4 of $QQQ short term up-trend; But GMI= only 3. Silver and Gold are going vertical! Be careful.
  • Blog Post: Day 1 of new $QQQ short term up-trend; see daily 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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