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Blog Post: Day 22 of $QQQ short term up-trend; Markets remain in short and longer term up-trends; Here are 7 stocks hitting an ATH on Wednesday on volume at least 50% above normal

Wednesday, June 5, 2024 @ 8:42 pm by Dr. Wish
GMI5/6
GMI-27/9
T210847%

All of these stocks hit an ATH on Wednesday but not on Tuesday. Last column shows volume Wed divided by average volume the past 50 days. Check them out.

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Blog Post: Day 20 of $QQQ short term up-trend; $DIA is finding support at 30 week average, solid red line, see weekly chart

Monday, June 3, 2024 @ 8:55 pm by Dr. Wish
GMI5/6
GMI-23/9
T210848%

As long as DIA is above its rising 30 week average, it remains in a Weinstein Stage 2 up-trend. Stay tuned…..

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Blog Post: Day 18 of $QQQ short term up-trend; 3 growth stocks passed my weekly green bar scan: $PRIM, $CRS and $LPG, which also had a GLB, see daily and weekly charts

Thursday, May 30, 2024 @ 11:06 pm by Dr. Wish
GMI4/6
GMI-26/9
T210842%
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Current GMI Signal

GREEN

since close on OCT 6, 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$70.05242.71%
SFM1/29/24$49.45$63.7328.88%
CRS4/23/24$79.66$378.10374.64%
AGX9/6/24$76.70$367.43379.05%
BTSG9/9/25$25.57$63.22147.24%
APP9/17/24$116.09$264.01127.42%
EAT10/1/24$78.33$202.74158.83%
PLTR11/5/24$44.91$203.24352.55%
INSW3/16/26$65.94$117.8178.66%
BE8/22/25$44.95$241.80437.93%
CLS5/1/25$87.00$327.15276.03%
RGC5/1/25$1.55$8.21429.68%
CCJ6/9/25$62.55$81.8330.82%
RHLD8/12/25$54.05$113.87110.68%
GEV5/20/25$447.50$936.42109.26%
CLS6/25/25$144.27$327.15126.76%
MIRM8/7/2025$54.23$78.8945.47%
CCJ6/9/25$62.55$81.8330.82%
WDC9/4/25$86.66$367.50324.07%
SNDK9/4/25$58.36$1,418.032329.80%
STX6/3/2025$117.67$724.30515.53%
TTMI6/3/25$30.41$105.51246.96%
MU9/29/25$157.54$928.44489.34%
INBX7/8/25$18.95$84.28344.75%
SPHR9/11/25$56.08$99.2576.98%
FIX7/24/25$553.09$1,541.75178.75%
MU9/25/25$157.54$928.44489.34%
VIK6/30/25$53.14$82.4755.19%

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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
  • Green Dot strategy defined
  • 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
  • Day 18 of $QQQ short term up-trend; By mistake, I found 11 semiconductor stocks had a rising Blue Dot today, see list. Are semis bouncing? I will explain the rising Blue Dot setup at my MoneyShow talk on October 20, register free on my blog.
  • Day 16 of $QQQ short term up-trend; GMI remains GREEN, see table. 25 stocks traded at an ATH on Friday, 6 were oil&gas and 4 were software firms. One software firm, PLTR, had a GLB on Friday, see daily and monthly charts and my analysis .
  • Day 15 of $QQQ short term up-trend; only 17 US stocks reached an ATH on Thursday, the most (7) were oil & gas related; 6 of them have more than doubled from their lows the past year. See list.
  • Day 13 of $QQQ short term up-trend; GMI=Green; More US new yearly highs than lows 91/46. 28 at ATH, most in software (6). DELL had a nice rise on Tuesday after its recent blue dot oversold bounce, see daily chart.
  • Day 12 of $QQQ short term up-trend, GMI=5 and turns GREEN! Many stocks are breaking out and NVDA even had a GLB on Monday! TQQQ up +14% since Day 1 on 9/18. Daily modified Guppy chart shows QQQ closing above all 12 averages.

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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