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18th day of QQQ short term up-trend

Thursday, August 23, 2012Wednesday, August 22, 2012 @ 7:00 am by Dr. Wish
GMI5/6
GMI-26/9
T210869%

Only 8 stocks came up in my 52 week high and good fundamentals scan: EXP,MTH,EBAY,WFM,SBS,TJX,ALL,MSG.

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17th day of QQQ short term up-trend

Wednesday, August 22, 2012Tuesday, August 21, 2012 @ 7:00 am by Dr. Wish
GMI6/6
GMI-26/9
T210872%

Eleven stocks that came up in my 52 week high with good fundamentals scan: AAPL,AIRM,MLNX,LMCA,SBS,CBE,CNQR,TJX,MIC,LKQ,BGS

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16th day of QQQ short term up-trend

Tuesday, August 21, 2012Monday, August 20, 2012 @ 7:00 am by Dr. Wish
GMI6/6
GMI-26/9
T210873%

Market trend remains up.

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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$95.95369.42%
SFM1/29/24$49.45$78.9859.72%
CRS4/23/24$79.66$487.05511.41%
AGX9/6/24$76.70$686.37794.88%
SATS8/26/25$50.21$120.92140.83%
APP9/17/24$116.09$570.83391.71%
EAT10/1/24$78.33$140.2679.06%
PLTR11/5/24$44.91$142.20216.63%
ALMS1/6/26$13.53$20.0848.41%
BE8/22/25$44.95$287.32539.20%
CLS5/1/25$87.00$458.14426.60%
RGC5/1/25$1.55$23.751432.26%
CCJ6/9/25$62.55$114.5683.15%
RHLD8/12/25$54.05$112.51108.16%
GEV5/20/25$447.50$959.36114.38%
CLS6/25/25$144.27$458.14217.56%
MIRM8/7/2025$54.23$91.8469.35%
CCJ6/9/25$62.55$114.5683.15%
WDC9/4/25$86.66$594.11585.56%
SNDK9/4/25$58.36$1,831.503038.28%
STX6/3/2025$117.67$940.69699.43%
TTMI6/3/25$30.41$189.60523.48%
MU9/29/25$157.54$1,079.57585.27%
INBX7/8/25$18.95$95.22402.48%
SPHR9/11/25$56.08$141.75152.76%
FIX7/24/25$553.09$1,850.04234.49%

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  • About the General Market Index (GMI)
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  • 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
  • The same chart pattern I posted yesterday for the 2000 top also got me out of the market just before the 2008 decline. Market tops take time to develop. I ignore the news and gossip and watch the 30 week average.
  • HOW I IDENTIFIED AND EXITED AT THE MARKET TOP IN 2000–WHEN THE 30 WEEK AVERAGE CURVED DOWN. TO IDENTIFY A LIKELY TOP, I JUST WATCH THE 30 WEEK AVERAGE. Compare the weekly charts of QQQ from 2000 and now.
  • Blog: Day 36 of QQQ short term up-trend; I am amazed how strongly advancing stocks and ETFs may track along their 5 day exponential moving average, see daily charts of QQQ and DELL.
  • Blog Post: Day 32 of QQQ short term up-trend; GMI=5 (of 6) and GREEN. 15 of 62 stocks reaching ATH on Friday were semiconductors. They lead again and 5 had a GLB! See list and note earnings release dates.
  • Blog Post: Day 31 of QQQ short term up-trend; $ALAB holds GLB, see daily chart. Must not close below 262.90. Note high volume on break-out.

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  • Blue Collar Investor
  • CNNMoney: Pre-market Futures
  • Dark Liquidity
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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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