I am dumbfounded!   I recently taped some of Cramer’s shows and reviewed Friday’s show this weekend.  At about 10 minutes into his show, Cramer responded to a caller who asked him about the use of stop loss orders.  Cramer ranted on about how he did not want his “home gamers” to put their orders on [...]

With the GMI and GMI-R at their maximum levels, growth stocks continue to rise.  AAPL continues to rise, along with PCLN, RMD, GMCR, NFLX  and CREE, all of which I own.  As you know, I concentrate my trading in stocks at or near their all-time highs.  I also like to see good earnings trends.  Some [...]

The market closed strong on Friday, as AAPL broke out to a new high.  Technology is where the action is right now.  However, one caution flag is that the T2108 is now at 81%, very near to being in overbought territory.  Last May, the T2108 reached a peak at 92%.  Meanwhile, the GMI

The short term up-trend in the QQQQ finished its 6th day on Friday.  I like the fact that AAPL is holding up.  We need to watch the leaders for signs of where the market is headed. I went through the new highs on Friday using the methodology I described last week.  In doing so, I [...]

The QQQQ is going back and forth over its key 30 day moving average.  Time will tell whether this new short term  up-trend, now in its 4th day,  will hold.

A rise in the QQQQ on Thursday and Friday will likely turn my trend indicator up.  Wednesday was the 18th day of the short term down-trend. However, there were 167 new highs in my universe of 4,000 stocks on Wednesday, the most since January 21. And 53% of the Nasdaq 100 stocks closed above their [...]

Last October, I wrote a post showing that in the market’s rise, 70% of the top 10 stocks in the IBD 100 list outperformed comparable stock indexes.  Well, I repeated the analysis for the top ten stocks in the IBD 100 list published on 01/11/2010.  I compared the closing price of each stock on the [...]

For the first time since early November, there were more new lows than new highs in my universe of 4,000 stocks on Friday. Furthermore, the Worden T2108 indicator is getting near the level (below 20%) where declines sometimes end.  Friday was the 11th day of the current QQQQ short term down-trend.  We are either at [...]

The GMI remains at 1 (of 6) and the more sensitive GMI-R is 2 (of 10).  While many stocks have bounced off of extremely oversold levels, it remains to be seen if they can break through resistance. I am nibbling a little and placing close sell stops below the low of the bounce. I am [...]

I started teaching two classes on technical analysis last week and will explain more of my concepts and include informational links, as many students will be new readers.  My General Market Index (GMI) keeps me trading with the general market’s trend.  The GMI is a count of 6 short and long term indicators.   Because I [...]