Archive for the ‘ General Market Index (GMI) table ’ Category

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Jul 26.15 / Dr. Wish
Big concerns–too many indexes in Stage IV declines; GMI near Sell

Over the past year I have been whip-sawed by stocks, with my trading account value going to all-time highs and then giving back the advance. I recently became so tired of the market roller coaster that I took a vacation from the market and went to the sidelines. So I missed the recent bounce and […]


Jul 19.15 / Dr. Wish
Buying climax in the $QQQ?

In reviewing my  market statistics this weekend, I was surprised by what I learned. With the Nasdaq 100 (QQQ) streaming to an all-time high last week I expected to see strength in my measures of how individual stocks had performed. The QQQ closed up 5.5% last week to an all-time high. But the SPY (+2.4%) […]


Jul 12.15 / Dr. Wish
Schizoid Mr. Market

The famous J.P. Morgan, when asked what the market will do, responded with, “It will fluctuate.” Today we use the euphemistic term, volatility. Mr. market is driven today by extreme news events coming out of Greece and China. Do we really believe the Chinese government can permanently kill a panicked bear by suspending trading in […]


Jun 29.15 / Dr. Wish
Bounce coming? In cash.

IBD says put/call ratio Monday was 1.24. Bounces usually come from this level. I am mainly in cash in my trading accounts. I forgot to post this table on Sunday night: But this is history. The GMI is now 1 (revised after IBD released mutual fund index) and another day below 3 will signal a […]


Jun 28.15 / Dr. Wish
$QQQ short term up-trend in peril–futures indicate wash out coming

IBD has now called the market up-trend under pressure and the QQQ short term trend could turn down with a weak or flat day on Monday. I reduced my long positions on Friday with the imminent end of mutual fund window dressing on Tuesday with the end of the second quarter. Too many stocks appeared […]


Jun 22.15 / Dr. Wish

Jun 21.15 / Dr. Wish
All GMI components are positive; Betting on Star Wars–$IMAX, $HAS, $EA

My stock buddy, Judy, has been talking to me about IMAX for years, but recently she urged me again to consider IMAX along with HAS and EA, all companies that might do well with the coming release of of the Star Wars movie in December. So I own all three companies. I am posting their […]


Jun 14.15 / Dr. Wish
Market on the edge; watching $LOGM and $SYNA

The $QQQ short term up-trend could reverse down Monday with a weak day–after only 2 days of an up-trend! The prior short term down-trend lasted only 3 days.  This is a schizoid market. The GMI is at 6 (of 6) but the more sensitive GMI2 is at 3 (of 8).  This week may tell the […]


Jun 07.15 / Dr. Wish
19th day of $QQQ short term up-trend; $CYBR may break-out, $HACK has

I am very interested in stocks that come public, form a base and then break to new highs. CYBR is getting close to breaking out. It is close to a green line break-out. It may even be completing a cup and handle base, as seen in this weekly chart. With so many hacking events hitting […]


Jun 01.15 / Dr. Wish
14th day of $QQQ short term up-trend

Some signs of short term weakening are appearing. First, a lot of my holdings were rapidly climbing. When that happens the market is often near a short term sell-off. Second, I find that the QQQ and AAPL are up against resistance and thus more likely to retreat than to advance. Lastly, I have noticed that […]




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