It’s is great that Jon Stewart informed the world last week that the media pundits at CNBC  failed to provide accurate information about the impending financial crisis.  But by using technical analysis, I warned my readers last June what the charts were telling me and transferred my pension money  out of mutual funds to money [...]

There were 7 new highs and 1,221 new lows in my universe of 4,000 stocks on Friday.  The QQQQ completed the 14th day of its short term down-trend within a longer term down-trend. I heard on Fast Money that the AAII survey has the most bearish reading ever.  Furthermore, the momentum indicator in IBD for [...]

I know that the GMI has kept me and, I hope others, out of the long side of this market since at least August 2008, the last time that the GMI was 4.  I prefer the GMI to be at least 4 before I commit many IRA funds, and especially my university pension,  to the [...]

There were 7 new highs and 162 new lows in my universe of 4,000 stocks on Thursday.  Only two of the stocks on my IBD100 lists hit a new high on Thursday:  SXCI and HMSY.  But the QQQQ was strong, and now 67% of the Nasdaq100 stocks closed above their 30 day averages, the most [...]

The Nasdaq 100 Index, as measured by the ETF, QQQQ, looks as if it started a new short term up-trend.  However, with the key moving averages being flat, I don’t trust these signals yet.  But I remain vigilant for signs of a turn.  There were  9 new highs and 107 new lows in my universe [...]

The more sensitive GMI-R rose to 3 (of 10).  82% of the Nasdaq 100 stocks rose, and 49% closed above their 30 day averages.  There were 11 new highs and 121 new lows in my universe of 4,000 stocks on Tuesday. Among the 11 stocks at new highs were 4 stocks on my IBD100 lists:  [...]

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 mutual [...]

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 Stock [...]