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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

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$64.3630.15%
CRS4/23/24$79.66$367.68361.56%
AGX9/6/24$76.70$346.51351.77%
APP9/17/24$116.09$268.60131.37%
EAT10/1/24$78.33$187.28139.09%
PLTR11/5/24$44.91$197.29339.30%
CLS5/1/25$87.00$301.58246.64%
RGC5/1/25$1.55$10.69589.68%
GEV5/20/25$447.50$920.14105.62%
STX6/3/2025$117.67$694.23489.98%
TTMI6/3/25$30.41$98.26223.12%
CCJ6/9/25$62.55$82.4131.75%
ENLT6/18/25$20.44$71.35249.07%
CLS6/25/25$144.27$301.58109.04%
VIK6/30/25$53.14$86.9363.59%
INBX7/8/25$18.95$97.71415.62%
FIX7/24/25$553.09$1,413.21155.51%
MIRM8/7/2025$54.23$85.4857.62%
RHLD8/12/25$54.05$114.41111.67%
BE8/22/25$44.95$234.68422.09%
WDC9/4/25$86.66$372.10329.38%
SNDK9/4/25$58.36$1,363.712236.72%
BTSG9/9/25$25.57$63.03146.50%
SPHR9/11/25$56.08$115.78106.46%
MU9/25/25$157.54$907.25475.89%
MU9/29/25$157.54$907.25475.89%
INSW3/16/26$65.94$108.5064.54%

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  • Day 4 of $QQQ short term down-trend. Note T2108 is rising, now= 35%. I presented online at the MoneyShow this afternoon and will make the recording available when I receive it next week. I am answering here the questions I did not get to below. Also, see link to Deepvue on top of this blog post.
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  • Day 2 of $QQQ short term down-trend and GMI=2 and likely to register RED by Monday’ s close. Preparing for MoneyShow presentation on Tuesday at 1:05, get link to register free. I will make important announcements and share an new analysis of GLBs that I find unexpected and very exciting.
  • Day 1 of new $QQQ short term down-trend but about 40% end before day 5; More U.S. new highs than lows (104/77) and 33 at ATH. 63% of Nasdaq100 stocks rose. Oil & Gas (6) and Insurance (5) had most ATHs. EBAY had a GLB on above average volume, see weekly chart. MoneyShow on 10/20, see link.
  • Day 19 of $QQQ short term up-trend, could end on Thursday; 13 of 24 stocks that reached an ATH were Oil & Gas related, see list. PSX had GLB at 190.61 on July 13 and subsequent Blue Dot bounces, see 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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