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42nd day of $QQQ short term up-trend; DC AAII work-shop July 19

Sunday, July 13, 2014 @ 9:11 pm by Dr. Wish
GMI5/6
GMI-26/9
T210856%

Next Saturday, Dr. Alan Ellman and I will be doing an AAII work-shop in Virginia.   I hope to see you there.

Meanwhile, GMI is at 5 (of 6) and still on a Buy signal.

GMI07112014

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41st day of $QQQ short term up-trend

Thursday, July 10, 2014 @ 8:22 pm by Dr. Wish
GMI4/6
GMI-26/9
T210857%

GMI is back to 4 (of 6).   Markets still in longer term up-trends–for now…..

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40th day of $QQQ short term up-trend

Wednesday, July 9, 2014 @ 9:36 pm by Dr. Wish
GMI6/6
GMI-27/9
T210862%

Since 2006 about 21% of QQQ short term up-trends have lasted for more than 44 days. We are now at the 40th day. The GMI is now back to 6 (of 6).

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Current GMI Signal

GREEN

since close on OCT 5, 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.
ENLT6/18/25$20.44$67.75231.46%
SFM1/29/24$49.45$65.6332.72%
CRS4/23/24$79.66$394.06394.68%
AGX9/6/24$76.70$418.13445.15%
BTSG9/9/25$25.57$63.36147.79%
APP9/17/24$116.09$279.21140.51%
EAT10/1/24$78.33$190.68143.43%
PLTR11/5/24$44.91$192.85329.41%
INSW3/16/26$65.94$116.1276.10%
BE8/22/25$44.95$298.88564.92%
CLS5/1/25$87.00$385.23342.79%
RGC5/1/25$1.55$7.50383.87%
CCJ6/9/25$62.55$93.1748.95%
RHLD8/12/25$54.05$115.55113.78%
GEV5/20/25$447.50$1,032.64130.76%
CLS6/25/25$144.27$385.23167.02%
MIRM8/7/2025$54.23$78.1744.15%
CCJ6/9/25$62.55$93.1748.95%
WDC9/4/25$86.66$409.76372.84%
SNDK9/4/25$58.36$1,654.702735.33%
STX6/3/2025$117.67$802.16581.70%
TTMI6/3/25$30.41$132.54335.84%
MU9/29/25$157.54$1,046.37564.19%
INBX7/8/25$18.95$93.00390.77%
SPHR9/11/25$56.08$105.4988.11%
FIX7/24/25$553.09$1,812.32227.67%
MU9/25/25$157.54$1,046.37564.19%
VIK6/30/25$53.14$81.6653.67%

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  • About the General Market Index (GMI)
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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
  • Day 12 of $QQQ short term up-trend, GMI=5 and turns GREEN! Many stocks are breaking out and NVDA even had a GLB on Monday! TQQQ up +14% since Day 1 on 9/18. Daily modified Guppy chart shows QQQ closing above all 12 averages.
  • Day 11 of $QQQ short term up-trend, its Weekly 10.4 Stochastic= 86, a sign of a strong up-trend, see GMI table; ARW had a nice high volume GLB to an ATH, see daily chart.
  • Day 10 of $QQQ short term up-trend; My modified daily Guppy chart below warned to abandon or short NKE long before tonight’s post earnings swoon. A chart is worth………. Come to my MoneyShow online appearance on October 20.
  • Day 8 of QQQ short term up-trend but TSLA has entered a Stage 4 down-trend. Only 13 stocks reached ATH Tuesday with 43 new yearly US highs and 149 lows. T2108=18%. Strange market.
  • Blog: Day 6 of $QQQ short term up-trend; Only 15 US stocks reached an ATH on Friday. One of them , PS, had a green line breakout, GLB. See its weekly chart below. If it closes back below the green line, @54.94 it would be a failed GLB. GMI=3 and RED, see table.

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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