The GMI-R climbed to one (of 10).  There were 9 new highs and 214 new lows in my universe of 4,000 stocks on Monday.  The last time we had over 200 new lows was on January 20th.  In contrast, the most daily new highs this year was 20, on January 2nd.  The QQQQ completed the [...]

All of my indicators have turned negative again and I am back to cash.  I have considered buying some QID, but with my short term moving averages being flat, I will probably get repeatedly whipsawed as the indexes move above and below their averages.  However, at some point a real tradable trend will develop. There [...]

One of the GMI and GMI-R components counts whether the IBD growth mutual fund index is above its 50 day average. My logic is that when these mutual funds are doing well, so will I be likely to, when I buy similar growth stocks. IBD no longer publishes the 50 day average for the [...]

My name is Eric Wish. Over the past 40 years I have learned how to successfully trade stocks. I have managed to avoid every bear market since 94. I multiplied my IRA 13x and got out of the market in 2000. My portfolio gained 50% in 2003. I came in 5th in the Barron’s [...]

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 [...]

The GMI-R fell one, to 5 on Wednesday. There were only 5 new highs and 12 new lows in my universe of 4,000 stocks on Wednesday.  None of the 5 new highs were on my IBD100 lists from the past year.  The QQQQ completed the 20th day of its short term up-trend.  The T2108 indicator [...]

The QQQQ short term up-trend continued and completed its 19th day on Tuesday.  The GMI and GMI-R remain unchanged, at 2 and 6, respectively.  A note of caution, however, is that the Worden T2108 Indicator hit 89%, about as high as it gets during an up-trend.  This means that 89% of the NYSE stocks closed [...]

I escaped 2008 with a small loss in my account (-5%).  Not bad, compared to how the indexes did (down 35-40%), but not great, given that I did trade some short positions (with puts) during the year.  On December 24, IBD published a table listing the performance of the best growth mutual funds since April, [...]

The markets showed some life on the last days of trading for 2008.
The GMI remains at 2 (of 6), but the more sensitive GMI-R is now a 6 (of 10). The last time the GMI-R was at 6 was on August 28.  And the Worden T2108 indicator is now at 72%, not far from the [...]