This is an extremely difficult market for me to interpret.  The QQQQ completed the 3rd day of a short term up-trend, and the QQQQ completed its first week back above its 10 week average.  There were 6 new highs and 25 new lows in my universe of  4,000 stocks on Friday.  The last time there [...]

My short term indicators are coming back, although we are not out of the woods yet.  The GMI is now at 2 and the more sensitive GMI-R is at 5 (of 10).  The QQQQ short term down-trend ended after 21 days, and an up-trend has begun.  However, there were only 11 new highs and 17 [...]

I am getting tired of listening to all of the pundits saying that the current decline resembles the 1974 bear or the 1987 bear markets.  How about looking at some data!  So, I used my TC2007 market price history database to compute how much the Dow Jones Industrial average declined in prior bear markets after [...]

The short term uptrend remains intact, with the GMI at 2 (of 6) and the GMI-R at 4 (of 10).  The Worden T2108 indicator is at 43%, the highest since last September and well out of bottom territory.  Tops often occur when the T2108 is at 70% or better.  Another sign of strength is that [...]

My General Market Indicators (GMI, GMI-R)  remain at zero.  There were only 23 new highs and 2185 new lows in my universe of 4,000 stocks on Thursday.  On October 10, there were 2832 new lows, so this decline has not eclipsed the number of new lows set at the October low.  The Worden Indicator is [...]

No change in my indicators on Monday.  There were 3 new highs and 980 new lows in my universe of 4,000 stocks on Monday….. Jesse Livermore once wrote that no stock was too low to sell (short).  As you may know, one of the indicators in the GMI computes the percentage of stocks that hit [...]

My two GMI indicators remain at zero.  Friday was the 19th day of the current QQQQ down-trend.  There were only 5 new highs and 189 new lows in my universe of 4,000 stocks on Friday.  The Worden T2108 indicator is at 22%. I have been writing about how I remain largely in cash during market [...]

The GMI and GMI-R have been zero since January 4.  On Friday there were 844 new lows and just 10 new highs in my universe of 4,000 stocks. This number was exceeded only by the 1,011 lows on January 9.  It was also the fewest number of new highs since August 28, near the lows [...]