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$QQQ–ATH!!! 4th day of $QQQ short term up-trend

Thursday, July 12, 2018 @ 9:07 pm by Dr. Wish
GMI6/6
GMI-27/9
T210858%

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$SPY fails to break resistance–for now; 3rd day of $QQQ short term up-trend

Wednesday, July 11, 2018 @ 9:09 pm by Dr. Wish
GMI5/6
GMI-27/9
T210857%

SPY could not get through resistance line.

right on schedule.

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2nd day of $QQQ short term up-trend

Tuesday, July 10, 2018 @ 10:30 pm by Dr. Wish
GMI6/6
GMI-27/9
T210865%

New short term up-trends need to last 5 days before I have confidence in the change in trend.

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Current GMI Signal

GREEN

since close on OCT 5, 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$67.63230.87%
SFM1/29/24$49.45$64.0729.57%
CRS4/23/24$79.66$392.46392.67%
AGX9/6/24$76.70$410.84435.65%
BTSG9/9/25$25.57$64.36151.70%
APP9/17/24$116.09$283.27144.01%
EAT10/1/24$78.33$191.26144.17%
PLTR11/5/24$44.91$193.18330.15%
INSW3/16/26$65.94$115.5375.20%
BE8/22/25$44.95$295.45557.29%
CLS5/1/25$87.00$380.50337.36%
RGC5/1/25$1.55$7.14360.65%
CCJ6/9/25$62.55$91.5946.43%
RHLD8/12/25$54.05$115.60113.88%
GEV5/20/25$447.50$1,048.25134.25%
CLS6/25/25$144.27$380.50163.74%
MIRM8/7/2025$54.23$78.8245.34%
CCJ6/9/25$62.55$91.5946.43%
WDC9/4/25$86.66$416.78380.94%
SNDK9/4/25$58.36$1,683.842785.26%
STX6/3/2025$117.67$832.90607.83%
TTMI6/3/25$30.41$133.83340.09%
MU9/29/25$157.54$1,068.78578.42%
INBX7/8/25$18.95$94.98401.21%
SPHR9/11/25$56.08$109.7995.77%
FIX7/24/25$553.09$1,785.37222.80%
MU9/25/25$157.54$1,068.78578.42%
VIK6/30/25$53.14$82.4055.06%

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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 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.
  • Day 8 of QQQ short term up-trend but TSLA has entered a Stage 4 down-trend. Only 13 stocks reached ATH Tuesday with 43 new yearly US highs and 149 lows. T2108=18%. Strange market.
  • Blog: Day 6 of $QQQ short term up-trend; Only 15 US stocks reached an ATH on Friday. One of them , PS, had a green line breakout, GLB. See its weekly chart below. If it closes back below the green line, @54.94 it would be a failed GLB. GMI=3 and RED, see table.

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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