Archive for the ‘ General Market Index (GMI) table ’ Category
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The Investor’s Intelligence poll of investment advisers reached a new low (at least, according to IBD, in the past 5 years) last week in the percentage who are bearish–14.4%. Extreme readings like this could imply the market is near a sell-off. When there are few bears and everyone is bullish, they say, there is no […]
I decided to look at how IBD 50 stocks have performed during the time since September 4, when the GMI issued the buy signal, that is still in effect. I examined seven IBD 50 lists that had been published, beginning with the one from 2/7/3013. Using TC2000 I computed the percentage of the stocks in […]
The Dark Liquidity site has been comparing the GMI based trading strategy versus a number of other strategies. For each of the last two years a strategy that bought the QLD whenever the GMI signaled buy, and went to cash every time it signaled sell beat all other strategies followed. In 2012 the GMI based […]
Here are the latest GMI and GMI-2 components. Indexes bounced from over-sold on Friday. But will they hold???
This is the time when the Sell in May crowd should be returning to the market. But sentiment is very bullish, with few bears to be seen. And my nieghbor, a great contrary indicator, is now looking to get back into the market. The last time he was so excited and wanted to take out […]
The market remains in short and longer term up-trends. I hold a position in TQQQ , protected by put options. This should be an interesting week with earnings expected from AAPL and FB. I think GLD (ETF for gold) looks like it may be turning up. Check out this daily chart. Among the positives are […]
Mark Hulbert recently published an article saying that another 1987 type crash is inevitable. I am a firm believer in the hypothesis that major stock market declines are largely precipitated by rises in interest rates caused by Fed tightening and slamming on the economic brakes. This article shows that interest rates were indeed rising for […]
I spoke at the Baltimore AAII meeting on Saturday and enjoyed meeting many people. Some had traveled from Philadelphia! I neglected to tell them of a great vegetarian restaurant in Philadelphia, which I have traveled to, just for dinner–Vedge! It was the best vegetarian dinner I have ever experienced–outside of my wonderful wife’s! The travel […]
The GMI is back to 6 (of 6). I have to “fly by instrument” and stay invested long in spite of my emotions from the news. My university pension has remained 100% invested in mutual funds. My trading accounts are now holding long positions. (Long means I am expecting the equity to rise.) I did […]
The GMI remians at 6 (of 6) and the Worden T2108 is in neutral territory, at 61%. The QQQ short term up-trend is only 17 days old. This up-trend may have a while to go. Last week was end-of-quarter window dressing when the mutual funds buy the winners so their portfolios look smart in their […]