Thus far,  tech stocks, as measured by the ultra 3X ETF, TYH, are declining within the channel I have been watching for several weeks.  The question, which my stock buddy, Judy, raised when I first posted the channel was, will the bottom of the channel hold as it has in the past?  No one knows.  [...]

I thought you might like to see why we may be at the beginning of a short term decline in the tech stocks.  TYH is the 3X ultra long tech ETF and it appears to be in a rising channel.  TYH  recently hit the top of the channel, which  has been followed by a decline [...]

There were 3 new highs and 106 new lows in my universe of 4,000 stocks on Wednesday.  The QQQQ completed the 17th day of its short term down-trend.  It would have to rise a lot more to begin a new up-trend.  Still, I cannot resist buying an occasional strong stock during a counter trend rally. [...]

The GMI and GMI-R have been zero since Tuesday’s close.  There were 3 new highs and 424 new lows in my universe of 4,000 stocks on Wednesday. The Worden T2108 Indicator is now 21% and heading down from the reading of 89% on January 6.  In the November swoon, this indicator bottomed at 1.2%.  So [...]

As you know, when I try to trade the trend of the QQQQ, I buy QLD (ultra long) or QID (ultra short) ETF’s.  These ultra  ETF’s are designed to move twice as much as the underlying index they track.  Well, less well known is that there now exist 3x ETF’s, designed to move three times [...]