The market up-trend is in place and I am almost 100% invested on the long side in my trading IRA.  I am also largely invested in mutual funds in  my university pension. This is the time to ride the train and not to fight it.  No one knows when the up-trend will end.  The idea [...]

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 [...]

The GMI is back to 5 (of 6) and the GMI-R  to 9 (of 10). There were 30 new highs in my universe of 4,000 stocks on Wednesday.  Stocks on my IBD 100 lists at new highs include:  TSRA, LL, SYNA, STAR, VPRT, URS, HDB, ICUI, MTXX, NTES and NVEC.  I am selling puts on [...]

I always have to remember not to anticipate a change in trend, but to wait for the actual signal.  On Monday, the QQQQ went to the edge of support and held.  There were 19 new highs and 8 new lows in my universe of 4,000 stocks on Monday.  Only 3 of the new highs were [...]

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 [...]

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 [...]

This month I lost money on many of my cash-secured puts. Too many stocks declined below the put option strike price and I had to buy the puts I sold back at higher prices. Selling puts is equivalent to buying stocks and selling call options on the shares. I learned again the [...]

I am very cautious about the continuation of the QQQQ short term up-trend, now in its 24th day. There was only one new high and 33 new lows in my universe of 4,000 stocks on Tuesday. This is not the time to chase stocks at new highs. I am trying to hold [...]

In spite of all of the negative news out there, the QQQQ still appears to be recovering, having completed its 21st day of a short term up-trend.  There were only 11 new highs and 12 new lows in my universe of 4,000 stocks on Thursday.  Still, 82% of the Nasdaq 100 stocks closed above their [...]