With the GMI and GMI-R at zero, I think it is not the time to fight this down-trend.  The major indexes look terrible and the QQQQ completed the 7th day of its short term daily down-trend within a longer weekly down-trend. The key to survival in the market is to lose as little as possible [...]

My son and webmaster, Mike, has added a new visual representation of the Worden T2108 Indicator.  This indicator acts as a pendulum  of the market technicals, going from extreme readings of oversold, around 15% or below, and overbought, above 75%.  It seems to me to work better with oversold readings.   After an extreme oversold reading [...]

I am getting tired of listening to all of the pundits saying that the current decline resembles the 1974 bear or the 1987 bear markets.  How about looking at some data!  So, I used my TC2007 market price history database to compute how much the Dow Jones Industrial average declined in prior bear markets after [...]

The GMI and GMI-R have been zero since Tuesday’s close.  There were 3 new highs and 424 new lows in my universe of 4,000 stocks on Wednesday. The Worden T2108 Indicator is now 21% and heading down from the reading of 89% on January 6.  In the November swoon, this indicator bottomed at 1.2%.  So [...]

I know that the GMI has kept me and, I hope others, out of the long side of this market since at least August 2008, the last time that the GMI was 4.  I prefer the GMI to be at least 4 before I commit many IRA funds, and especially my university pension,  to the [...]

There were 4 new highs and 188 new lows in my universe of 4,000 stocks on Thursday.  My moving averages are flat and the market is going back and forth.  It remains to be seen whether the current QQQQ short term up-trend will hold. I remain mainly in cash.

The market is marking time.  The GMI and GMI-R were unchanged, along with the T2108 indicator.  There were only 2 new highs and 108 new lows in my universe of 4,000 stocks on Wednesday.  Gold (GLD) and silver (SLV) continue to advance.  I remain mainly in cash.

There were 3 new highs and 103 new lows in my universe of 4,000 stocks on Tuesday.  The GMI and GMI-R both declined.  But the QQQQ short term up-trend completed its 5th day.  I hold a little QLD and have a close sell stop in case the QQQQ declines more.  Note that MYGN and SXCI [...]

As you know, when I try to trade the trend of the QQQQ, I buy QLD (ultra long) or QID (ultra short) ETF’s.  These ultra  ETF’s are designed to move twice as much as the underlying index they track.  Well, less well known is that there now exist 3x ETF’s, designed to move three times [...]

There were 7 new highs and 162 new lows in my universe of 4,000 stocks on Thursday.  Only two of the stocks on my IBD100 lists hit a new high on Thursday:  SXCI and HMSY.  But the QQQQ was strong, and now 67% of the Nasdaq100 stocks closed above their 30 day averages, the most [...]