The GMI remains at 6.  Only 46% of the Nasdaq 100 stocks advanced on Monday along with 39% of the S&P 500 and 33% of the Dow 30 stocks.  55% of the IBD 100 stocks from 10/20 advanced and 24 of them hit new highs.  Thus, the tech growth stocks outperformed most other stocks yesterday.  [...]

The GMI remains at 6.  Only 42% of the Nasdaq 100 stocks advanced on Friday, along with 41% of the S&P 500 stocks and 57% of the Dow 30 stocks.  There were 172 new 52 week highs in my universe of 4,000 stocks.  Friday was the 65th day in the current QQQQ up-trend.  The GMI-L [...]

The GMI remains at 6, and the GMI-S is at 100 for the first time since October 31.  There were 426 new yearly highs in my universe of 4,000 stocks.  61% of the Nasdaq 100 stocks rose on Thursday, along with 71% of the S&P 500 and 73% of the Dow 30 stocks.  However, only [...]

The GMI is 6 with the GMI-S now at 94.  All four short term indicators are positive for each of the four indexes except for the DIA.  There were 497 new highs in my universe of 4,000 stocks on Wednesday, the largest number since  April 19.  57-64% of the stocks in the Nasdaq 100, S&P [...]