The GMI is 6.  There were 237 new highs in my universe of 4,000 stocks.  Tuesday was the 47th day in the current QQQQ up-trend.  23% of the Nasdaq 100 stocks rose, along with 44% of the S&P 500 and 50% of the Dow 30 stocks.  Only 65% of the Nasdaq 100 stocks closed above [...]

The GMI is still 6.  69% of the Nasdaq 100 stocks rose, along with 70% of the S&P 500 and 90% of the Dow 30 stocks.  There were 270 new yearly highs in my universe of 4,000 stocks.  70% of the IBD 100 stocks from 10/16 rose on Monday and there were 13 new highs.  [...]

The GMI held at 6 even though few stocks rose on Friday.  There were 203 new highs in my universe of 4,000 stocks and only 13 new lows.  38% of the Nasdaq 100 stocks advanced on Friday, along with 46% of the S&P 500 stocks and 66% of the Dow 30 stocks.  The QQQQ has [...]

The GMI is still 6 and the GMI-S is back to 100.  There were 268 new yearly highs in my universe of 4,000 stocks.  5% of the Nasdaq 100 and Dow 30 stocks advanced on Thursday, along with 46% of the S&P 500 stocks.   48% of the IBD 100 list from 10/16 advanced on Thursday.

The GMI remains at 6, but the GMI-S fell 6, to 94. This decline reflects the weakness in one of the short term indicators for the QQQQ. Only 44% of the Nasdaq 100 stocks advanced on Tuesday, compared with 56% of the S&P 500 stocks and 50% of the Dow 30 stocks.  46% of the [...]

The GMI is still 6, but few stocks rose on Tuesday.  Only 14% of the Nasdaq 100 stocks rose, along with 32% of the S&P 500 and 40% of the Dow 30 stocks.  Only 20% of the IBD 100 stocks from 10/16 rose.  Tuesday was the 42nd day of the current QQQQ up-trend.  Cramer may [...]

The GMI is still 6 and there were 410 new highs in my universe of 4,000 stocks on Monday.  54% of the Nasdaq 100 stocks advanced, along with 65% of the S&P 500 stocks and 57% of the Dow 30 stocks.  Monday was the 41st day in the current QQQQ up-trend.  What was striking Monday [...]

The GMI continues at a maximum reading of 6 and the QQQQ stocks remain strong. There were 417 new yearly highs in my universe of 4,000 stocks.  88% of the Nasdaq 100 stocks closed above their 30 day average, the most since I began recording this statistic in June, 2005.  On Friday, 61% of the [...]

The GMI is still at 6 and there were an amazing 368 new highs and only 8 new lows in my universe of 4,000 stocks.  86% of the Nasdaq 100 stocks rose, as did 80% of the S&P 500 stocks and 70% of the Dow 30 stocks.  82% of the stocks on the IBD 100 [...]

The market held up today and the GMI remains at 6.  I am fully invested on the long side.  There were 191 new highs in my universe of 4,000 stocks on Wednesday.  Wednesday was the 37th day in the current QQQQ up-trend.  41-50% of the stocks in the Nasdaq 100, S&P 500 and Dow 30 [...]