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 media pundits claim the market needs to rest.  The market gets tired and needs to consolidate for a while–such utter nonsense! I wrote a few posts ago that the rebound in the indexes thus far is actually quite small, compared with the rebounds in the 30′s.  The Dow is  up only about 24% from [...]

I just completed the best 2 week period in a year. I own a lot of the stocks listed to the right, which are having terrific runs.  The GMI registered 5 for the first time since August, 2008, before the start of the major market decline.  My Successful 10 day New High Index turned positive.  [...]

This is an extremely difficult market for me to interpret.  The QQQQ completed the 3rd day of a short term up-trend, and the QQQQ completed its first week back above its 10 week average.  There were 6 new highs and 25 new lows in my universe of  4,000 stocks on Friday.  The last time there [...]

My short term indicators are coming back, although we are not out of the woods yet.  The GMI is now at 2 and the more sensitive GMI-R is at 5 (of 10).  The QQQQ short term down-trend ended after 21 days, and an up-trend has begun.  However, there were only 11 new highs and 17 [...]

I am getting tired of listening to all of the pundits saying that the current decline resembles the 1974 bear or the 1987 bear markets.  How about looking at some data!  So, I used my TC2007 market price history database to compute how much the Dow Jones Industrial average declined in prior bear markets after [...]

The short term uptrend remains intact, with the GMI at 2 (of 6) and the GMI-R at 4 (of 10).  The Worden T2108 indicator is at 43%, the highest since last September and well out of bottom territory.  Tops often occur when the T2108 is at 70% or better.  Another sign of strength is that [...]

My General Market Indicators (GMI, GMI-R)  remain at zero.  There were only 23 new highs and 2185 new lows in my universe of 4,000 stocks on Thursday.  On October 10, there were 2832 new lows, so this decline has not eclipsed the number of new lows set at the October low.  The Worden Indicator is [...]

No change in my indicators on Monday.  There were 3 new highs and 980 new lows in my universe of 4,000 stocks on Monday….. Jesse Livermore once wrote that no stock was too low to sell (short).  As you may know, one of the indicators in the GMI computes the percentage of stocks that hit [...]