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11th day of $QQQ short term up-trend

Thursday, July 27, 2017 @ 9:26 pm by Dr. Wish
GMI5/6
GMI-27/9
T210860%
2 Comments

10th day of $QQQ short term up-trend

Thursday, July 27, 2017 @ 7:32 am by Dr. Wish
GMI6/6
GMI-27/9
T210864%

We probably should enjoy the earnings rally.  After earnings are out, beware September/October,,,,,,,

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Interest rates and banks rise; 9th day of $QQQ short term up-trend

Wednesday, July 26, 2017 @ 6:58 am by Dr. Wish
GMI6/6
GMI-27/9
T210867%

The 20 yr treasury bond ETF, TLT, swooned on Tuesday, a move to higher rates. Banks showing strength. One can earn dividends as move develops.

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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.
ENLT6/18/25$20.44$74.84266.14%
SFM1/29/24$49.45$76.2154.12%
CRS4/23/24$79.66$435.06446.15%
AGX9/6/24$76.70$605.74689.75%
SATS8/26/25$50.21$131.07161.04%
APP9/17/24$116.09$384.79231.46%
EAT10/1/24$78.33$154.4797.20%
PLTR11/5/24$44.91$125.68179.85%
ALMS1/6/26$13.53$22.8869.11%
BE8/22/25$44.95$168.05273.86%
CLS5/1/25$87.00$352.03304.63%
RGC5/1/25$1.55$28.681750.32%
CCJ6/9/25$62.55$116.1085.61%
RHLD8/12/25$54.05$156.96190.40%
GEV5/20/25$447.50$995.78122.52%
CLS6/25/25$144.27$352.03144.01%
MIRM8/7/2025$54.23$94.3674.00%
CCJ6/9/25$62.55$116.1085.61%
WDC9/4/25$86.66$348.55302.20%
SNDK9/4/25$58.36$855.881366.55%
STX6/3/2025$117.67$505.98330.00%
TTMI6/3/25$30.41$122.21301.87%
MU9/29/25$157.54$420.96167.21%
INBX7/8/25$18.95$75.83300.16%
SPHR9/11/25$56.08$127.95128.16%
FIX7/24/25$553.09$1,603.77189.97%

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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
  • Blog Post: Day 1 of $QQQ short term up-trend; GMI=5; 113 US stocks reached an ATH; QQQ retakes 30 week average, but must hold above it to possibly begin a Stage 2 up-trend, but we are not there yet. Also, watch the 10 week average.
  • Blog Post: Day 41 of $QQQ short term down-trend; $QQQ finishing Stage 3 and may begin Stage 4 decline; I never fight the market’s trend. Only young people can wait out a decline and recovery. I believe that Boomers belong on the sidelines, protecting their hard earned savings and investments.
  • 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.

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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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