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Blog Post: Day 32 of $QQQ short term up-trend; 339 US new highs and 5 lows; $ANF has GLB and surpasses ATH set in 2007, see daily and monthly charts and great IBD/MS ratings

Tuesday, December 19, 2023 @ 8:32 pm by Dr. Wish
GMI6/6
GMI-27/9
T210878%

I would have liked to see more volume on day of green line breakout (GLB). ANF must not close below 85.77. IBD/MS comp rating =99 and RS=99. Last 3 quarters earnings are up triple digits!

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Blog Post: Day 30 of $QQQ short term up-trend; 293 US new highs and 11 lows; Mutual Fund window dressing upon us- the strong will shine; $DIA had GLB to ATH last week, see weekly and monthly charts

Sunday, December 17, 2023 @ 7:33 pm by Dr. Wish
GMI6/6
GMI-27/9
T210874%

The GMI is Green and at 6 (of 6). We are entering the end of the 4th quarter when mutual funds buy up the strongest stocks so their quarterly reports make them look good.

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Blog Post: Residential housing is coming back, even $XHB, the homebuilders ETF has had a GLB to an ATH, see daily chart and impressive cup with handle pattern in monthly chart; Note $PHM in Successful GLB Tracker table below

Thursday, December 14, 2023 @ 8:54 pm by Dr. Wish
GMI6/6
GMI-27/9
T210876%

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Current GMI Signal

RED

since close on Mar 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.

Sym.DateGLB $Now $Chg.
HWM11/14/23$51.34$232.68353.21%
SFM1/29/24$49.45$77.5456.80%
CRS4/23/24$79.66$391.51391.48%
AGX9/6/24$76.70$575.16649.88%
BKNG9/16/24$3,918.00$4,194.317.05%
APP9/17/24$116.09$386.37232.82%
EAT10/1/24$78.33$144.6984.72%
PLTR11/5/24$44.91$148.46230.57%
SPOT11/6/24$387.44$488.9726.21%
CRWD4/24/25$398.33$399.120.20%
CLS5/1/25$87.00$294.84238.90%
RGC5/1/25$1.55$30.801887.10%
CCJ6/9/25$62.55$112.5779.97%
CRWV5/14/25$64.62$82.2427.27%
GEV5/20/25$447.50$898.57100.80%
NVDA6/3/25$140.76$177.3926.02%
MIRM8/7/2025$54.23$94.1773.65%
CCJ6/9/25$62.55$112.5779.97%
QBTS5/20/25$13.23$14.328.24%
SNDK9/4/25$58.36$701.591102.18%
IREN9/9/2025$28.25$34.7723.08%

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  • About the General Market Index (GMI)
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  • 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.
  • 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 40 of $QQQ short term down-trend; Daily modified Guppy chart told you to get out of $RH long before Wednesday’s 19% drop. All major indexes remain in BWR down-trends. See $USO RWB up-trend.
  • Blog post: Day 39 of $QQQ short term down-trend; GMI=0; $QQQ weekly chart below shows continuing significant down-trend with 4wk avg<10wk avg<30wk avg; waiting for a confirmed new up-trend.
  • Blog Post: Day 37 of $QQQ short term down-trend; GMI=1 and 10 week average closes week below 30 week average, see weekly chart. Stage 4 down-trend likely.
  • Blog Post: Day 36 of $QQQ short term down-trend; Indexes are very oversold; QQQ topped out in October, 2025, long before the current war, see weekly chart. End of the war may not change the longer term trend. Modified daily Guppy chart would have had you exit META long before Thursday’s debacle, see chart.
  • Blg Post: Day 33 of $QQQ short term down-trend; $QQQ’s 10 week average has crossed below its 30 week average, see weekly chart. Beware this likely ominous change in the longer term trend.

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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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