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9th day of $QQQ short term down-trend

Thursday, October 18, 2018 @ 6:42 am by Dr. Wish
GMI1/6
GMI-23/9
T210819%

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$I –recent GLB at ATH plus a green dot signal

Tuesday, October 16, 2018 @ 9:58 pm by Dr. Wish
GMI1/6
GMI-22/9
T210821%

Any stock that can come through the past week at an all-time high (ATH) merits my attention. Note its recent green line break-out (GLB).  And another green dot signal!!!!! Nice up volume too. But earnings come out on 10/25.

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7th day of $QQQ short term down-trend

Monday, October 15, 2018 @ 10:09 pm by Dr. Wish
GMI0/6
GMI-23/9
T210813%

QQQ is in a daily BWR down-trend like last April.

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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$68.75236.35%
SFM1/29/24$49.45$64.2329.89%
CRS4/23/24$79.66$377.94374.44%
AGX9/6/24$76.70$387.75405.54%
BTSG9/9/25$25.57$62.66145.05%
APP9/17/24$116.09$271.77134.10%
EAT10/1/24$78.33$192.29145.49%
PLTR11/5/24$44.91$206.70360.25%
INSW3/16/26$65.94$123.8787.85%
BE8/22/25$44.95$260.87480.36%
CLS5/1/25$87.00$347.37299.28%
RGC5/1/25$1.55$7.31371.61%
CCJ6/9/25$62.55$86.2937.95%
RHLD8/12/25$54.05$119.90121.83%
GEV5/20/25$447.50$995.34122.42%
CLS6/25/25$144.27$347.37140.78%
MIRM8/7/2025$54.23$85.9058.40%
CCJ6/9/25$62.55$86.2937.95%
WDC9/4/25$86.66$387.33346.95%
SNDK9/4/25$58.36$1,477.542431.77%
STX6/3/2025$117.67$754.42541.13%
TTMI6/3/25$30.41$107.71254.19%
MU9/29/25$157.54$987.70526.95%
INBX7/8/25$18.95$91.21381.32%
SPHR9/11/25$56.08$103.8185.11%
FIX7/24/25$553.09$1,639.68196.46%
MU9/25/25$157.54$987.70526.95%
VIK6/30/25$53.14$80.0550.64%

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  • About the General Market Index (GMI)
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  • 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 16 of $QQQ short term up-trend; GMI remains GREEN, see table. 25 stocks traded at an ATH on Friday, 6 were oil&gas and 4 were software firms. One software firm, PLTR, had a GLB on Friday, see daily and monthly charts and my analysis .
  • 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.

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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