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 [...]

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 [...]

On May 10, I wrote: “So, stocks on the New America list often take off sometime after their story is published in IBD.  One recent addition to the New America list that looks promising technically to me if it can break $18.60, is ASIA. ”
After I wrote that post, I placed a  GTC (good til [...]

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 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 [...]

Yesterday Dr. Wish was published in IBD’s IBDextra newsletter.  Some of you might enjoy reading a little more about the man behind the blog by visiting the article here:
IBDextra – Investor’s Business Daily Monthly Newsletter
Also for all you tweeters out there, make sure to follow us on twitter!

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, [...]

The up-trend continues, now in its 30th day.  There were 26 new highs and 6 new lows in my universe of 4,000 stocks on Wednesday.  Fourteen of the 26 stocks were on my IBD100 lists:  CPSI, HANS, PTRY, CERN, BJRI, AAN, QSII, SHOO, JJSF, ICUI, JOSB, NTES, FIZZ and GMCR.  TSYS, a stock I have [...]

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 [...]