This weekly chart of GLD shows that the advance continues. Click on chart to enlarge.

The GMI buy signal of 12/23 remains in effect. I remain 100% long in my university pension.

The GMI remains at 6 (of 6). The Worden T2108 Indicator is starting to decline.  Only 34% of the Nasdaq 100 stocks closed with their MACD above its signal line.  Nevertheless, the long and short term trends remain up, for now.

IBM broke from a nice base on Thursday.

GLD and mining stocks continue to climb.

It looks like GLD is about to rise again.Check it out along with the mining stocks. This is a weekly GMMA chart–it has an RWB pattern.

I was just talking with my stock buddy Judy who urged me to take a look at INVN, which she owns.  She loves the concept and the technical pattern.  I would suggest that my readers research the company and put it on their watch lists.  I do not own INVN but Judy is extraordinary at [...]

Short and longer term trends remain up.

AAPL had a high volume reversal on Wednesday and the Worden T2108 indicator started to decline.  Perhaps we will now get the post earnings release lull and consolidation? Given the strong up-trend in place, I would be surprised to see a major decline.  In Leferve’s classic book (listed to lower right) about the greatest stock [...]