The GMI is 6.  There were 237 new highs in my universe of 4,000 stocks.  Tuesday was the 47th day in the current QQQQ up-trend.  23% of the Nasdaq 100 stocks rose, along with 44% of the S&P 500 and 50% of the Dow 30 stocks.  Only 65% of the Nasdaq 100 stocks closed [...]

The GMI is still 6 and there were 410 new highs in my universe of 4,000 stocks on Monday.  54% of the Nasdaq 100 stocks advanced, along with 65% of the S&P 500 stocks and 57% of the Dow 30 stocks.  Monday was the 41st day in the current QQQQ up-trend.  What was striking Monday [...]

The GMI continues at a maximum reading of 6 and the QQQQ stocks remain strong. There were 417 new yearly highs in my universe of 4,000 stocks.  88% of the Nasdaq 100 stocks closed above their 30 day average, the most since I began recording this statistic in June, 2005.  On Friday, 61% of [...]