There were 11 new highs and 4 new lows in my universe of 4,000 stocks on Monday.  Five of the 11 new highs were on the IBD100 list from March 30:  TNDN, NFLX, GMCR, NTES and CPSI.  All of these but CPSI hit all-time highs, an extraordinary accomplishment, given the market’s decline over the past [...]

A lot of stocks are beginning to look good.  However, there were only 6 new highs and 8 new lows in my universe of 4,000 stocks on Friday.  Two of the 6 new highs are stocks on the IBD100 list,  CPSI and TNDM.  TNDM is at an all-time high and both of these stocks came [...]

My indicators keep getting stronger.  The GMI is 4 for the first time since August 20, 2008.  There were more new highs than lows (22 vs. 6) in my universe of 4,000 stocks on Thursday.  The Worden T2108 indicator is at 83%, the highest reading since 89% on January 6.  This is typically an over-bought [...]

While the Nasdaq 100 tech rally completed its 11th day, the rise has failed to produce many new highs.  There were 8 new highs and 20 new lows in my universe of 4,000 stocks on Wednesday.  71% of the NYSE stocks closed above their 40 day averages, reflecting the strong  but not severely overbought reading [...]