Archive for October, 2006
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The GMI is still 6, as 68% of the Nasdaq 100 stocks rose on Monday, along with 60% of the S&P 500 stocks and 50% of the Dow 30 stocks. Only 153 stocks in my universe of 4,000 stocks hit a new high. Monday was the 51st day of the current QQQQ up-trend and the [...]
The GMI is still 6. There were 457 new yearly highs in my universe of 4,000 stocks. 81% of the Nasdaq 100 stocks rose on Thursday, along with 69% of the S&P 500 stocks and 53% of the Dow 30 stocks. 68% of the IBD 100 stocks from 10/16 rose and there were 22 new [...]
The GMI is still at a maximum of 6. There were 364 new yearly highs in my universe of 4,000 stocks. 63% of the Nasdaq 100 stocks advanced on Wednesday, along with 58% of the S&P 500 and 70% of the Dow 30 stocks. 58% of the IBD 100 list stocks from 10/16 rose and [...]
The GMI is 6. There were 237 new highs in my universe of 4,000 stocks. Tuesday was the 47th day in the current QQQQ up-trend. 23% of the Nasdaq 100 stocks rose, along with 44% of the S&P 500 and 50% of the Dow 30 stocks. Only 65% of the Nasdaq 100 stocks closed above [...]
The GMI is still 6. 69% of the Nasdaq 100 stocks rose, along with 70% of the S&P 500 and 90% of the Dow 30 stocks. There were 270 new yearly highs in my universe of 4,000 stocks. 70% of the IBD 100 stocks from 10/16 rose on Monday and there were 13 new highs. [...]
The GMI held at 6 even though few stocks rose on Friday. There were 203 new highs in my universe of 4,000 stocks and only 13 new lows. 38% of the Nasdaq 100 stocks advanced on Friday, along with 46% of the S&P 500 stocks and 66% of the Dow 30 stocks. The QQQQ has [...]
The GMI is still 6 and the GMI-S is back to 100. There were 268 new yearly highs in my universe of 4,000 stocks. 5% of the Nasdaq 100 and Dow 30 stocks advanced on Thursday, along with 46% of the S&P 500 stocks. 48% of the IBD 100 list from 10/16 advanced on Thursday.
The GMI remains at 6, but the GMI-S fell 6, to 94. This decline reflects the weakness in one of the short term indicators for the QQQQ. Only 44% of the Nasdaq 100 stocks advanced on Tuesday, compared with 56% of the S&P 500 stocks and 50% of the Dow 30 stocks. 46% of the [...]
The GMI is still 6, but few stocks rose on Tuesday. Only 14% of the Nasdaq 100 stocks rose, along with 32% of the S&P 500 and 40% of the Dow 30 stocks. Only 20% of the IBD 100 stocks from 10/16 rose. Tuesday was the 42nd day of the current QQQQ up-trend. Cramer may [...]













