Posted Thursday, January 18, 2007 @ 12:01 am by Dr. Wish
GMI: 5; AAPL and GOOG weak
The GMI fell to 5 on Wednesday. 
Only 39% of the Nasdaq 100 stocks rose, compared with 50-53% of the S&P 500 and Dow 30 stocks. Thursday was the sixth day of the current QQQQ up-trend. Both AAPL and GOOG have been weak, not a good sign. But the trend of the QQQQ stocks remains up for now.
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