No changes in my general market indicators.  There were 5 new highs and 91 new lows in my universe of 4,000 stocks on Tuesday.  EBS, which I wrote about weeks ago, continues to do well. ( I own a few shares of EBS and have written a call on them).  Otherwise, I am mainly in [...]

The GMI remains at zero (of 6), but the more sensitive GMI-R rose to 1 (of 6).  I do not typically identify a tradeable up-trend until the GMI is at least 3, and this market is still a long way from a real up-trend signal.  Monday was the 60th day of the current short term [...]

The GMI and GMI-R remain at zero.  There were 21 new highs and 1835 new lows in my universe of 4,000 stocks on Friday.  The number of new lows was down from 2185 on Thursday.  The Worden T2108 Indicator rebounded from 5% to 7%, and is still in what used to be indicative of an [...]

My General Market Indicators (GMI, GMI-R)  remain at zero.  There were only 23 new highs and 2185 new lows in my universe of 4,000 stocks on Thursday.  On October 10, there were 2832 new lows, so this decline has not eclipsed the number of new lows set at the October low.  The Worden Indicator is [...]

There were only 3 new highs and 460 new lows in my universe of 4,000 stocks on Monday.  Monday was the 55th day of the current QQQQ short term down-trend.  Since the first day of this down-trend on September 2nd, the QQQQ (Nasdaq 100 index ETF)  has declined 37.7% and 99 of the 100 Nasdaq [...]

The GMI and GMI-R remain at zero.  There were 5 new highs and 185 new lows in my universe of 4,000 stocks on Friday.  The Worden T2108 indicator (% of NYSE stocks above their 40 day moving average)  is at 11%, still in bottom territory.  The QQQQ completed the 54th day of its short term [...]