The up-trend continues, now in its 30th day.  There were 26 new highs and 6 new lows in my universe of 4,000 stocks on Wednesday.  Fourteen of the 26 stocks were on my IBD100 lists:  CPSI, HANS, PTRY, CERN, BJRI, AAN, QSII, SHOO, JJSF, ICUI, JOSB, NTES, FIZZ and GMCR.  TSYS, a stock I have [...]

Friday was the 27th day of the current QQQQ short term up-trend.  There were 10 new highs and 6 new lows in my universe of 4.000 stocks on Friday.  Three of the ten new highs were on the IBD100 lists from today’s edition:  STAR, HANS and JJNF.  Since the first day of the QQQQ uptrend [...]

There were 16 new highs and 7 new lows in my universe of 4,000 stocks on Wednesday.  Six  stocks on my IBD100 lists from the past year reached new highs:  AZO, GMCR, JOSB, FIZZ, QSII and LFT.  The QQQQ up-trend continues, now in its 25th day.  Stay with the trend and ignore the pundits’ prognostications.

The media pundits claim the market needs to rest.  The market gets tired and needs to consolidate for a while–such utter nonsense! I wrote a few posts ago that the rebound in the indexes thus far is actually quite small, compared with the rebounds in the 30′s.  The Dow is  up only about 24% from [...]

Rally continues, but only 6 new highs and 9 new lows in my universe of 4,000 stocks on Wednesday.

GMI  and GMI-R each lost one.  There just aren’t enough new highs to compute the 10 day successful new high indicator.  There were only 12 new highs and 8 new lows in my universe of 4,000 stocks on Monday. Seven of the 12 are on my IBD100 lists:  SNDA, ALGT, NFLX, NTES, LFT, GMCR and [...]

On page B16, there is a quote from Dr. Eric W., of Maryland.  I am pleased to acknowledge William O’Neil and his newspaper for contributing to my trading success over the past 25 years.  It was only after I began to read IBD that I consistently made money trading.

I just completed the best 2 week period in a year. I own a lot of the stocks listed to the right, which are having terrific runs.  The GMI registered 5 for the first time since August, 2008, before the start of the major market decline.  My Successful 10 day New High Index turned positive.  [...]

The uptick rule is designed to prevent short sellers from jumping nonstop on a declining  stock and driving it to oblivion. It was implemented in 1938 in the aftermath of the the depression and the huge market declines.  Every bear market needs a scapegoat and the public loves to blame the villainous short-sellers for everything [...]

There were 5 new highs and 5 new lows in my universe of 4,000 stocks on Wednesday.  Still, a lot of stocks are getting stronger.  Wednesday was the 16th day of the QQQQ short term up-trend.  Three of the 5 stocks at new highs were on my IBD100 lists:  FDO, FIZZ and SNDA.  My long [...]