Market in rally mode

The QQQQ remains in a nice up-trend and I am long stocks.  We are in the period when few pundits believe the rally is justified.  That is okay with me.  I just ride the train as it goes in the right direction,  until it turns.  Two stocks I have been riding, PEGA and SXCI, have had nice break-outs. However, I still prefer to concentrate in the ultra QQQQ ETF, QLD. 

Meanwhile, the GMI is at 4 and the T2108 is at 87%. The QQQQ and SPY have now closed above their critical 10 week averages for four weeks.  We are well into a Weinstein Stage 2 bullish advance.  

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