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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 Dec 1, 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$207.21303.60%
SFM1/29/24$49.45$69.5940.73%
CRS4/23/24$79.66$311.33290.82%
AGX9/6/24$76.70$355.77363.85%
BKNG9/16/24$3,918.00$5,122.2530.74%
APP9/17/24$116.09$483.00316.06%
EAT10/1/24$78.33$162.12106.97%
PLTR11/5/24$44.91$147.78229.06%
SPOT11/6/24$387.44$508.5831.27%
CRWD4/24/25$398.33$438.8510.17%
CLS5/1/25$87.00$285.11227.71%
RGC5/1/25$1.55$28.281724.52%
CCJ6/9/25$62.55$120.2192.18%
CRWV5/14/25$64.62$88.9437.64%
GEV5/20/25$447.50$754.9768.71%
NVDA6/3/25$140.76$185.6131.86%
MIRM8/7/2025$54.23$103.8091.41%
CCJ6/9/25$62.55$120.2192.18%
QBTS5/20/25$13.23$20.9758.50%
HOOD6/30/25$85.60$89.915.04%
IREN9/9/2025$28.25$53.0887.89%

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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 7 of $QQQ short term up-trend; Up-trends are holding for now; After forming a few blue dots, $VIK closed Monday at an ATH! See the daily and monthly charts. Boomers are cruising!
  • Blog Post Day 6 of $QQQ short term up-trend; But this market is sending out warning signals. Too many investment advisors are bullish and there are too many air pockets in leading stocks. $MSFT has entered a Stage 4 down-trend, see weekly chart. The GMI= 4 and still on a GREEN signal. I will post when/if my major trend indicators turn down.
  • Blog Post: Day 3 of $QQQ short term up-trend; $GLD risng as US dollar ($UUP) remains in a swooning BWR down-trend and $GLD is in an RWB up-trend, see daily adapted Guppy charts. Fed to lower rates? Buying a little TQQQ.
  • Blog Post: Day 1 of new $QQQ short term up-trend; GMI=5 (of 6), see GMI Table; Daily XAVG 5 is the indicator of rockets, see $SMCI in 2024 and $SLV in 2025 as examples.
  • Blog Post: Day 9 of $QQQ short term up-trend; Tariff war turbulence ahead; Silver, Gold and Cash are kings; Since its GLB on November 28, SLV has advanced +58%, see daily chart and my technical comments.

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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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