GMI and GMI-2 remain at 6 (of 6).  While the Worden T2108 is high, at 84%, this up-trend still looks strong.  I am 100% invested in mutual funds in my university pension.  My trading accounts hold long positions. I am gradually accumulating index ETF’s. The GMI buy signal has been in place since December 23rd. [...]

My indicators remain positive and I am 100% invested in mutual funds in my university pension account. I am gradually accumulating long positions in my trading accounts. The GMI is at 5 and and the GMI-2 is at 6 (of 6).  The GMI gave a buy signal on December 23rd and is still in place. [...]

On December 23rd, the GMI flashed a buy signal.  I remain invested long in my university pension and hold several long positions in my trading accounts.  AAPL has helped to drive the Nasdaq 100 index (QQQ) higher.  GLD may be reaching the end of its rebound from oversold levels.  With its stochastic at 89, I [...]

The GMI remains at 6 and there is still a bullish signal in place.  I reviewed the performance of the GMI during this break and found it to have performed quite well since I began posting it in 2006.  I will eventually publish the findings.  For now, I will just say that the WishingWealth General [...]

With the GMI at 5 and above 4 for two consecutive days, this indicator is flashing a bullish signal.  I will be more comfortable if the QQQ holds on Tuesday and its short term trend turns up too.  The Worden T2108 indicator is in neutral territory, at 58%.  68% of the Nasdaq 100 stocks closed [...]

Friday was the 4th day of the current QQQ short term down-trend. Only 29% of the Nasdaq 100 stocks closed with their MACD above its signal line and both the SPY and QQQ have closed below their critical 10 week averages. I am in cash in my trading accounts and will start moving out of [...]

If the market holds on Monday the new QQQ short term up-trend will have reached 5 days. At that point I will add to my position in QLD. It is also the 7th day since my GMI based strategy flashed a buy signal. While I am not ready to release our recent analysis of how [...]

I think of the market action as being similar to a rubber band that is stretched to an extreme on the down-side or  the up-side until a catalyst happens that releases it so that the market index snaps back towards the middle and then the process starts all over again.  Thus, last week it was [...]

With the GMI at zero, the long and short market trends remain down.  However, this is not the time to initiate shorts.  86% of the Nasdaq 100 stocks have an oversold daily stochastic below 20.  And the Worden T2108 Indicator is now nearing oversold territory, with a value of 24%. A bounce from oversold could [...]

I am in cash in my trading accounts.  With the GMI at 1, there is no reason to hold long positions. Note that the QQQ has now closed below its 10 week average, but the Spy is still above it.  With the T2108 indicator at 58%, the market is not in oversold territory. I would [...]