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Day 2 of $QQQ short term down-trend, not out of the woods yet; $AAPL weakening, the leaders top out first as the prior laggards rise

Thursday, February 25, 2021 @ 9:08 am by Dr. Wish
GMI4/6
GMI-23/9
T210868%

Time to be defensive, buying the oversold dip/bottom is not working. This is still post-earnings period when the market often drifts or weakens. Mid to late March may be the start of next earnings anticipation rise. AAPL is on the verge of entering a daily BWR down-trend.

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Day one of $QQQ short term down-trend; about 40% of new down-trends last 5 or fewer days

Tuesday, February 23, 2021 @ 10:03 pm by Dr. Wish
GMI4/6
GMI-23/9
T210867%

I generally buy some SQQQ at beginning of down-trend and add more if it extends beyond 5 days. My trading IRA account is mainly in cash.

 

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$QQQ short term up-trend likely to end on Tuesday; Commodities ETF, $DBC, in a daily RWB up-trend

Monday, February 22, 2021 @ 10:47 pm by Dr. Wish
GMI6/6
GMI-23/9
T210867%

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Current GMI Signal

RED

since close on OCT 19, 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.
SFM1/29/24$49.45$49.580.26%
CRS4/23/24$79.66$305.35283.32%
AGX9/6/24$76.70$306.28299.32%
APP9/17/24$116.09$410.00253.17%
EAT10/1/24$78.33$203.53159.84%
PLTR11/5/24$44.91$169.20276.75%
CLS5/1/25$87.00$222.92156.23%
RGC5/1/25$1.55$5.63263.23%
GEV5/20/25$447.50$829.3485.33%
STX6/3/2025$117.67$506.14330.14%
TTMI6/3/25$30.41$75.33147.71%
CCJ6/9/25$62.55$75.3720.50%
ENLT6/18/25$20.44$69.93242.12%
CLS6/25/25$144.27$222.9254.52%
VIK6/30/25$53.14$87.1764.04%
INBX7/8/25$18.95$91.74384.12%
FIX7/24/25$553.09$1,113.23101.27%
MIRM8/7/2025$54.23$93.1871.82%
RHLD8/12/25$54.05$163.85203.15%
BE8/22/25$44.95$193.88331.32%
WDC9/4/25$86.66$289.78234.39%
SNDK9/4/25$58.36$886.511419.04%
BTSG9/9/25$25.57$69.15170.43%
SPHR9/11/25$56.08$121.40116.48%
MU9/25/25$157.54$733.15365.37%
MU9/29/25$157.54$733.15365.37%
INSW3/16/26$65.94$96.4546.27%

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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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