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Blog Post: Day 21 of $QQQ short term up-trend; $NFLX continues to rise to ATH after GLB, reports on 10/17, see daily chart

Thursday, October 10, 2024 @ 10:19 pm by Dr. Wish
GMI4/6
GMI-27/9
T210848%
Screenshot
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Blog Post: Day 20 of $QQQ short term up-trend; However, my 10:30 weekly chart shows that $QQQ has been in a longer term up-trend with the 10 week average above the rising 30 week average, since April, 2023.

Wednesday, October 9, 2024 @ 9:22 pm by Dr. Wish
GMI6/6
GMI-27/9
T210851%
Screenshot
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Blog Post: Day 19 of $QQQ short term up-trend; Here is a list of 17 doublers that reached an ATH on Tuesday; there are many leaders to research

Tuesday, October 8, 2024 @ 10:27 pm by Dr. Wish
GMI5/6
GMI-27/9
T210849%

Therese are sorted by % gain from their 250 day low.

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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$66.79226.76%
SFM1/29/24$49.45$65.0231.49%
CRS4/23/24$79.66$389.84389.38%
AGX9/6/24$76.70$401.57423.56%
BTSG9/9/25$25.57$64.05150.49%
APP9/17/24$116.09$278.45139.86%
EAT10/1/24$78.33$192.43145.67%
PLTR11/5/24$44.91$202.83351.64%
INSW3/16/26$65.94$122.1885.29%
BE8/22/25$44.95$275.45512.79%
CLS5/1/25$87.00$364.91319.44%
RGC5/1/25$1.55$7.41378.06%
CCJ6/9/25$62.55$88.0740.80%
RHLD8/12/25$54.05$116.57115.67%
GEV5/20/25$447.50$999.38123.33%
CLS6/25/25$144.27$364.91152.94%
MIRM8/7/2025$54.23$84.8556.46%
CCJ6/9/25$62.55$88.0740.80%
WDC9/4/25$86.66$390.59350.72%
SNDK9/4/25$58.36$1,605.612651.22%
STX6/3/2025$117.67$780.67563.44%
TTMI6/3/25$30.41$122.64303.29%
MU9/29/25$157.54$1,028.09552.59%
INBX7/8/25$18.95$94.53398.84%
SPHR9/11/25$56.08$107.0990.96%
FIX7/24/25$553.09$1,730.13212.81%
MU9/25/25$157.54$1,028.09552.59%
VIK6/30/25$53.14$81.5353.42%

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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 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.
  • Day 11 of $QQQ short term up-trend, its Weekly 10.4 Stochastic= 86, a sign of a strong up-trend, see GMI table; ARW had a nice high volume GLB to an ATH, see daily chart.
  • Day 10 of $QQQ short term up-trend; My modified daily Guppy chart below warned to abandon or short NKE long before tonight’s post earnings swoon. A chart is worth………. Come to my MoneyShow online appearance on October 20.

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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