We may get the last minute “window shopping” by mutual funds this week, as they  purchase recent stock winners like AAPL to enhance their portfolios. Then we wait for first quarter earnings……. Meanwhile, the GMI buy signal from 12/23  remains in place. All of my indicators are positive.  Friday was the 61st day of the [...]

GMI declined to 5 (of 6) and the T2108 is back to 49%.  There were less than 100 new highs on Thursday. I still suspect that this decline will lead to a nice rebound into the close of the first quarter next week.  But it is important not to become attached to a made up [...]

End of first quarter on the horizon.  The strongest stocks should become stronger into next week.

The GMI dropped to 5 because the Successful 10 Day New High component of the GMI turned negative.  As long as the GMI remains above 3, I have no concerns about the current up-trend.  Furthermore, next week is the end of the first quarter, and mutual funds will be buying up the strongest stocks so [...]

NTES broke to a new all-time high on Monday.  NTES came up on my new high and good fundamentals scan. See weekly chart below.

The GMI remains at 6, and the up-trend continues. T2108 is at 63%, in neutral territory. GLD still looks weak, however. Meanwhile, HLF has broken from a base to an all-time high.  Check out this nice weekly chart.                

Options expire on Friday.

GLD declined on Wednesday.  Gold and silver are in  down-trends.

Enjoy the bull market!!! T2108 is at 74%, still in neutral territory. GLD looking more ominous. Check out this daily chart. I am short GLD. As fear diminishes, so does gold.

On February 21, I told you that my stock buddy, Judy, liked INVN.  INVN has since consolidated and then moved to a new high on above average volume on Monday.  Check out this daily chart. Judy picks stocks by their “concept” and often discovers gems long before others do.  I am keeping an eye of [...]