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Blog Post: Day 22 of $QQQ short term up-trend; Markets remain in short and longer term up-trends; Here are 7 stocks hitting an ATH on Wednesday on volume at least 50% above normal

Wednesday, June 5, 2024 @ 8:42 pm by Dr. Wish
GMI5/6
GMI-27/9
T210847%

All of these stocks hit an ATH on Wednesday but not on Tuesday. Last column shows volume Wed divided by average volume the past 50 days. Check them out.

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Blog Post: Day 20 of $QQQ short term up-trend; $DIA is finding support at 30 week average, solid red line, see weekly chart

Monday, June 3, 2024 @ 8:55 pm by Dr. Wish
GMI5/6
GMI-23/9
T210848%

As long as DIA is above its rising 30 week average, it remains in a Weinstein Stage 2 up-trend. Stay tuned…..

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Blog Post: GMI remains at 6 (of 6) and 19th day of $QQQ short term up-trend; $QQQ and $SPY had weekly green bars last week, must hold 4 wk avg this week, see weekly charts.

Sunday, June 2, 2024 @ 10:42 pm by Dr. Wish
GMI6/6
GMI-24/9
T210851%
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Current GMI Signal

GREEN

since close on Nov 26, 2025

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$204.59298.50%
SFM1/29/24$49.45$83.8169.48%
CRS4/23/24$79.66$318.54299.87%
AGX9/6/24$76.70$395.20415.25%
BKNG9/16/24$3,918.00$4,914.6925.44%
APP9/17/24$116.09$599.48416.39%
EAT10/1/24$78.33$153.7996.34%
PLTR11/5/24$44.91$168.45275.08%
SPOT11/6/24$387.44$598.8754.57%
CRWD4/24/25$398.33$509.1627.82%
CLS5/1/25$87.00$344.41295.87%
RGC5/1/25$1.55$11.53643.87%
CCJ6/9/25$62.55$88.5141.50%
CRWV5/14/25$64.62$73.1213.15%
GEV5/20/25$447.50$599.7734.03%
NVDA6/3/25$140.76$176.9825.73%
MIRM8/7/2025$54.23$73.0534.70%
CCJ6/9/25$62.55$88.5141.50%
QBTS5/20/25$13.23$22.6771.35%
HOOD6/30/25$85.60$128.4950.11%
IREN9/9/2025$28.25$47.8169.24%

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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 9 of $QQQ short term down-trend, it could end on Friday; GMI=4 and is now Green; I noticed Health Care, $XLV, is the only one of 11 SPDR Sector ETFs in a daily RWB up-trend pattern, see daily Guppy chart; check out advancing biotechs!
  • Blog Post: Day 8 of $QQQ short term down-trend but GMI=4 and could turn GREEN on Wednesday; $QQQ back above all 12 daily averages in modified Guppy chart, see also RWB uptrend in $XBI.
  • Blog Post: Day 6 of $QQQ short term down-trend; 74 US new highs and 97 lows; Friday’s late bounce held $QQQe above its 30 week average, but major indexes closed below their critical 10 week averages; GMI=RED and cash is king; See weekly 10:30 chart of $QQQ and my explanation.
  • Blog Post: Day 5 of $QQQ short term down-trend; $DIA, $SPY, $QQQ and $IWM are no longer in daily RWB up-trends; This is true even for $NVDA, see its daily modified Guppy chart.
  • Blog Post: Day 3 of new $QQQ short term down-trend. Biotechs are coming alive, see list of 7 at ATHs and weekly chart of biotech ETF, $XBI.

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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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