Well, the GMI and GMI-R continue to register zero.  There were 500 new lows in my universe of 4,000 stocks on Tuesday, and 28 new highs.  On January 9, there were 1,011 new lows, so the current decline has not created as much damage thus far.  Nevertheless, since the start of this down-trend on January [...]

The GMI and GMI-R remain at zero.  The down-trend in the QQQQ is in place. So, what to do when only 40 of the 4,000 stocks in my universe of stocks hit a new high on Friday while 232 hit new lows?  Friday was the 7th day in the current QQQQ short term down-trend and [...]

The GMI is still 6, but few stocks rose on Tuesday.  Only 14% of the Nasdaq 100 stocks rose, along with 32% of the S&P 500 and 40% of the Dow 30 stocks.  Only 20% of the IBD 100 stocks from 10/16 rose.  Tuesday was the 42nd day of the current QQQQ up-trend.  Cramer may [...]

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 the [...]