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20th day of $QQQ short term up-trend; $UTHR–green line break-out

Thursday, September 11, 2014 @ 9:11 pm by Dr. Wish
GMI4/6
GMI-26/9
T210849%

UTHR has had a green line break-out to an all-time high. Check   out   this weekly chart.

UTHRweekly

 

 

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19th day of $QQQ short term up-trend; Biotech green line break-outs: RCPT, CMRX

Wednesday, September 10, 2014Wednesday, September 10, 2014 @ 9:53 pm by Dr. Wish
GMI4/6
GMI-25/9
T210850%

The bond ETF’s continue to decline.   Interest rates are rising…….

Here are monthly charts of 2 biotechs that had green line break-outs to all-time highs on Wednesday. They may be worth researching.

RCPTmonthlyCMRXmonthly

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As of Tuesday’s close, GMI declines to 5, GMI2 to 4.

Wednesday, September 10, 2014 @ 7:52 am by Dr. Wish
GMI5/6
GMI-24/9
T210850%

Sorry for this late post.   With the GMI2 at 4 (of 8) half of these sensitive indicators are now negative.   And with earnings out and the AAPL event completed, this market may have little to propel it higher until 3rd   quarter earnings come out. But let’s not forget the Fed’s impending tightening.

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Current GMI Signal

RED

since close on JUL 20, 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$87.00325.64%
SFM1/29/24$49.45$74.8951.45%
CRS4/23/24$79.66$603.69657.83%
AGX9/6/24$76.70$568.92641.75%
BTSG9/9/25$25.57$72.91185.14%
APP9/17/24$116.09$391.98237.65%
EAT10/1/24$78.33$186.98138.71%
PLTR11/5/24$44.91$122.92173.70%
ALMS1/6/26$13.53$28.00106.95%
BE8/22/25$44.95$184.89311.32%
CLS5/1/25$87.00$305.28250.90%
RGC5/1/25$1.55$5.72269.03%
CCJ6/9/25$62.55$87.8640.46%
RHLD8/12/25$54.05$131.68143.63%
GEV5/20/25$447.50$1,014.75126.76%
CLS6/25/25$144.27$305.28111.60%
MIRM8/7/2025$54.23$113.03108.43%
CCJ6/9/25$62.55$87.8640.46%
WDC9/4/25$86.66$519.80499.82%
SNDK9/4/25$58.36$1,436.562361.55%
STX6/3/2025$117.67$851.69623.80%
TTMI6/3/25$30.41$131.41332.13%
MU9/29/25$157.54$920.95484.58%
INBX7/8/25$18.95$81.55330.34%
SPHR9/11/25$56.08$136.26142.97%
FIX7/24/25$553.09$1,733.60213.44%
MU9/25/25$157.54$920.95484.58%

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  • About the General Market Index (GMI)
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  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
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  • In the hospital. Will resume posting next week. Thank you for your patience.
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  • 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
  • Blog: Day 14 of $QQQ short term down-trend; UGA, the U.S. gasoline fund had an ATH today and a GLB last March. See weekly and monthly charts.
  • Blog: Day 13 of $QQQ short term down-trend; TESLA and GOOGL had BWR down-trends in their daily modified Guppy charts and swooned tonight. A BWR down-trend may predict bad earnings news. See their charts and NFLX.
  • Blog: Day 12 of $QQQ short term down-trend; there was a blue dot oversold bounce on Friday setting up the recent rally, see daily chart; the GMI flashes RED.
  • Blog: Day 11 of $QQQ short term down-trend; GMI=1 and could flash Red Tuesday. This modified daily Guppy chart clearly contrasts the current market environment with that during the wonderful May rally. I am mainly in cash in my trading accounts.
  • Blog: Day 10 of $QQQ short term down-trend; as expected, QQQ found support at lower 15.2 daily Bollinger Band; See how modified daily Guppy chart would have gotten you out of NFLX well before its post-earnings swoon last week. GMI=3

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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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