Posted Thursday, January 11, 2007 @ 10:06 pm by Dr. Wish
GMI: 5; GMI-S: 63; Leaders reviving
The GMI is still 5 and the QQQQ is in its third day of a new up-trend (U-3).
There were 284 new highs in my universe of 4,000 stocks on Thursday. 76-83% of the stocks in the Nasdaq 100, S&P 500 and Dow 30 indexes advanced on Thursday. 72% of the Nasdaq 100 stocks closed above their 30 day average, up from 32% on December 22. The leaders, GOOG and AAPL, have come back, and ATHR (see post on 1/10) is gaining strength. I own some of these stocks.
Post Tags:
Add a Comment











