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Blog Post: Day 27 of $QQQ short term up-trend; Earnings season is upon us; $AAPL is close to a GLB; This is another list of doublers near ATH with a weekly green bar; GMI= Green

Sunday, October 20, 2024 @ 8:20 pm by Dr. Wish
GMI6/6
GMI-27/9
T210862%

AAPL’s green line is at 237.23.

The GMI= 6 (of 6).
Screenshot

 

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Blog Post: Day 26 of $QQQ short term up-trend; This list shows 16 growth stocks that reached an ATH on Thursday and met my weekly green bar scan, described on blog

Thursday, October 17, 2024 @ 8:57 pm by Dr. Wish
GMI6/6
GMI-27/9
T210862%

All bounced up off of their rising 4 wk averages and had a RS (SPY) at a 2o week high. If I bought any of these I would place my stop loss just below this week’s low.

Screenshot
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Blog Post: Day 23 of $QQQ short term up-trend; $NVDA is just below its last green line top; I will wait to see if it has a GLB to an ATH, see daily and monthly charts; see how prior GLBs have worked

Monday, October 14, 2024 @ 7:59 pm by Dr. Wish
GMI6/6
GMI-27/9
T210859%
Monthly chart. See how prior GLBs have worked. Once a higher green line is formed, I change prior green lines to orange.

 

Screenshot
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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.
HWM11/14/23$51.34$228.99346.03%
SFM1/29/24$49.45$77.7957.31%
CRS4/23/24$79.66$382.35379.98%
AGX9/6/24$76.70$571.00644.46%
BKNG9/16/24$3,918.00$4,077.124.06%
APP9/17/24$116.09$383.38230.24%
EAT10/1/24$78.33$132.7469.46%
PLTR11/5/24$44.91$143.36219.22%
SPOT11/6/24$387.44$473.0122.09%
CRWD4/24/25$398.33$373.20-6.31%
CLS5/1/25$87.00$278.25219.83%
RGC5/1/25$1.55$24.511481.29%
CCJ6/9/25$62.55$104.0466.33%
CRWV5/14/25$64.62$74.8115.77%
GEV5/20/25$447.50$849.0989.74%
NVDA6/3/25$140.76$167.9719.33%
MIRM8/7/2025$54.23$88.2062.64%
CCJ6/9/25$62.55$104.0466.33%
QBTS5/20/25$13.23$13.965.52%
SNDK9/4/25$58.36$608.30942.32%
IREN9/9/2025$28.25$35.1124.28%

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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 36 of $QQQ short term down-trend; Indexes are very oversold; QQQ topped out in October, 2025, long before the current war, see weekly chart. End of the war may not change the longer term trend. Modified daily Guppy chart would have had you exit META long before Thursday’s debacle, see chart.
  • Blg Post: Day 33 of $QQQ short term down-trend; $QQQ’s 10 week average has crossed below its 30 week average, see weekly chart. Beware this likely ominous change in the longer term trend.
  • Blog Post: Day 32 of $QQQ short term down-trend; $QQQ 10 week average about to cross below 30 week average. It has been a long time since I have seen such market weakness.
  • Blog Post: Day 31 of $QQQ short term down-trend and GMI=GMI2=0; I have been warning you since February 4 that cash was king; And this may still be just the beginning of a major decline. See modified daily Guppy charts of QQQ, SPY, DIA, IWM.
  • Blog Post: Day 27 of $QQQ short term down-trend; GMI =0 and RED; More new US 52 week lows than highs; This weekly chart shows possible beginning of an ominous Weinstein Stage 4 down-trend; I remain safely in cash and watching the Worden T2108 indicator. But oversold bounce possible.

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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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