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Blog Post: Day 55 of $QQQ short term up-trend; 238 US new highs, 2 lows and 82 at ATH; Recent IPO, $OWL, is flying high after GLB, see daily and monthly charts

Wednesday, March 27, 2024 @ 7:33 pm by Dr. Wish
GMI6/6
GMI-27/9
T210867%

According to MS, Comp=96, RS=93, EPS=65 and ACC/DIS=A.  Worth a hoot?

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Blog Post: Day 54 of $QQQ short term up-trend; $RRR has low volume GLB, see daily and monthly charts

Tuesday, March 26, 2024 @ 9:50 pm by Dr. Wish
GMI6/6
GMI-27/9
T210858%

RRR has RS=87, Comp=63 and EPS=15, not great MS fundamentals. But its daily and monthly charts look interesting.

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Blog Post: Day 52 of $QQQ short term up-trend; GMI remains at 6 (of 6) and on a Green signal; Bitcoin has green and black dots, see daily chart and $IBIT

Sunday, March 24, 2024 @ 10:50 pm by Dr. Wish
GMI6/6
GMI-27/9
T210861%

Bitcoin may be ready to bounce, must holder lower Bollinger Band at 61,833. Black dots indicate oversold bounces. I own a little of IBIT, for fun, see chart.

Markets remain in shot and longer term up-trends.

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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$89.03335.57%
SFM1/29/24$49.45$86.5775.07%
CRS4/23/24$79.66$619.25677.37%
AGX9/6/24$76.70$725.23845.54%
SATS8/26/25$50.21$0.20-99.60%
APP9/17/24$116.09$543.79368.42%
EAT10/1/24$78.33$176.28125.05%
PLTR11/5/24$44.91$132.54195.12%
ALMS1/6/26$13.53$27.27101.55%
BE8/22/25$44.95$295.05556.40%
CLS5/1/25$87.00$350.20302.53%
RGC5/1/25$1.55$5.61261.94%
CCJ6/9/25$62.55$97.5055.88%
RHLD8/12/25$54.05$156.65189.82%
GEV5/20/25$447.50$1,152.04157.44%
CLS6/25/25$144.27$350.20142.74%
MIRM8/7/2025$54.23$121.91124.80%
CCJ6/9/25$62.55$97.5055.88%
WDC9/4/25$86.66$577.46566.35%
SNDK9/4/25$58.36$1,744.432889.08%
STX6/3/2025$117.67$868.26637.88%
TTMI6/3/25$30.41$149.39391.25%
MU9/29/25$157.54$984.75525.08%
INBX7/8/25$18.95$97.14412.61%
SPHR9/11/25$56.08$151.51170.17%
FIX7/24/25$553.09$1,793.03224.18%

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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
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  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
  • In the hospital. Will resume posting next week. Thank you for your patience.
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  • 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: Day 3 of QQQ short term up-trend; GMI=6 and this may be the start of the 2nd quarter earnings rally.
  • Blog: Of the 146 stocks at ATHs on Wednesday, more than one half were banks! 376 US stocks hit 52 week highs, the most since February 6! See daily chart of Regional Banking ETF.
  • Blog: Day 1 of a new $QQQ short term up-trend; all GMI components are positive; QQQ and SPY retake their 10 week averages! See weekly chart of QQQ and my analysis.
  • Blog: Day 3 of $QQQ short term down-trend; QQQ and SPY are now below their 10 week averages; MAG 7 ETF in daily BWR down-trend, see chart and GLD’s blue dot bounce.
  • Blog: Day 2 of new $QQQ short term down-trend; A lot of key stocks are technically weak. Look at daily Guppy chart since June. Will stocks resume up-trend with 2nd Quarter earnings?

Blogroll

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  • 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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