Posts Tagged ‘ IBD ’
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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. [...]
There were 5 new highs and 5 new lows in my universe of 4,000 stocks on Wednesday. Still, a lot of stocks are getting stronger. Wednesday was the 16th day of the QQQQ short term up-trend. Three of the 5 stocks at new highs were on my IBD100 lists: FDO, FIZZ and SNDA. My long [...]
There were 11 new highs and 4 new lows in my universe of 4,000 stocks on Monday. Five of the 11 new highs were on the IBD100 list from March 30: TNDN, NFLX, GMCR, NTES and CPSI. All of these but CPSI hit all-time highs, an extraordinary accomplishment, given the market’s decline over the past [...]
A lot of stocks are beginning to look good. However, there were only 6 new highs and 8 new lows in my universe of 4,000 stocks on Friday. Two of the 6 new highs are stocks on the IBD100 list, CPSI and TNDM. TNDM is at an all-time high and both of these stocks came [...]
My indicators keep getting stronger. The GMI is 4 for the first time since August 20, 2008. There were more new highs than lows (22 vs. 6) in my universe of 4,000 stocks on Thursday. The Worden T2108 indicator is at 83%, the highest reading since 89% on January 6. This is typically an over-bought [...]
While the Nasdaq 100 tech rally completed its 11th day, the rise has failed to produce many new highs. There were 8 new highs and 20 new lows in my universe of 4,000 stocks on Wednesday. 71% of the NYSE stocks closed above their 40 day averages, reflecting the strong but not severely overbought reading [...]
The QQQQ rally finished its 6th day on Wednesday. There were 10 new highs and 12 new lows in my universe of 4,000 stocks on Wednesday. IBD 100 stocks (from my lists the past year) at new highs are: SNDA, CPSI, TNDM, ROH, SGP, MYGN and QSII. TNDM and QSII hit all time highs. The [...]
The GMI is at 2 (of 6) and the GMI-R is at 6 (of 10). The QQQQ completed the 5th day of its short term up-trend. This is a counter-trend rally, with the long term trend remaining down. Still, this is a trade-able rally as long as it lasts. There were more new highs than [...]
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 [...]











