The rally in strong stocks as part of mutual fund window dressing will end by Tuesday.  Then we wait for earnings to drive stocks.

The market held by the end of last week and I am getting more bullish.  This is because we appear to be at the beginning of a significant turn up in the QQQQ.  According to Weinstein’s stage analysis, the QQQQ is beginning a Stage 2 up-trend, as shown by the fact that its 30 week [...]

Many of you have requested that I post a chart showing the recent performance of the GMI over the past year.  The GMI, though not perfect, has successfully kept me on the right side of the market through the 2000-2002 and 2008 bear market declines.  I simply go to cash in my university pension and [...]

It is rare that I complete an analysis whose findings totally surprise me, but take a look at this one.  A lot of the pundits claim that the ultra ETF’s,  leveraged baskets of stocks that try to double or triple the performance of their underlying indexes or sectors, fail to achieve their goals.  So, just [...]

If calling the short term trend of the market were easy, we would all be rich and retired.  Last week, my short term QQQQ indicator gave me a head fake and turned my daily trend count down.  That new downtrend lasted for two days and then the up-trend resumed.  However, I had indicated at the [...]

I am very cautious about the current market.  I believe that we have entered a new QQQQ short term down-trend.  On Friday there were just 11 new highs and four new lows in my universe of 4,000 stocks.  In addition, a number of leaders have broken down, including AIPC, QSII, ALGT and NFLX.  When rally [...]

The QQQQ is resting right on support. A decline on Monday would signal to me the beginning of  a new short term down-trend. There were only 7 new highs and 8 new lows in my universe of 4,000 stocks on Friday.  GOLD broke to an all-time high last week and GLD, the gold ETF,  closed [...]

The QQQQ completed the 37th day of its up-trend on Friday.  However, there were only 16 new highs and 5 new lows in my universe of 4,000 stocks on Friday.  Five of the 16 were on my IBD100 lists:  VNUS, GMCR, HANS, LINC and INT.  All of these 5 but  VNUS were also on the [...]

The QQQQ up-trend completed its 32nd day on Friday.  When will the up-trend end?  No one knows.  My strategy is to hold growth stocks as long as the up-trend is in place.  Prior up-trends the past 3 years  have lasted as long as 86 days.  So the current up-trend may have a time to go, [...]

Friday was the 27th day of the current QQQQ short term up-trend.  There were 10 new highs and 6 new lows in my universe of 4.000 stocks on Friday.  Three of the ten new highs were on the IBD100 lists from today’s edition:  STAR, HANS and JJNF.  Since the first day of the QQQQ uptrend [...]