Posts Tagged ‘ IBD100 ’
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The cash secured puts I sold all expired unexercised, so I made money the past month. I will write about this promising strategy in the future. Meanwhile, the indexes are in up-trends, but still relatively weak. This week we shall see if we can get more confirmation of the up-trend. I will sell more puts [...]
The QQQQ short term up-trend is now in its 4th day. However, there were only 4 new highs and 100 new lows in my universe of 4,000 stocks on Friday. Still, 58% of the Nasdaq100 stocks closed above their 30 day averages. The GMI closed at 2 (of 6) and the more sensitive GMI-R is [...]
The GMI and GMI-R remain at zero and the QQQQ completed its 49th day of its short term down-trend on Friday. There were 5 new highs and 173 new lows in my universe of 4,000 stocks on Friday. Nevertheless, there is a lot of strength in the underlying technicals. More than 90% of the NASDAQ100 [...]











