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 is still at the maximum of 6 and the trend remains up.  67% of the Nasdaq 100 stocks rose on Friday, along with 68% of the S&P 500 and 53% of the Dow 30 stocks.  There were 115 successful 10 day new highs (stocks that hit a new high 10 days ago that [...]

The GMI is still at a maximum of 6.  There were 364 new yearly highs in my universe of 4,000 stocks.  63% of the Nasdaq 100 stocks advanced on Wednesday, along with 58% of the S&P 500 and 70% of the Dow 30 stocks.  58% of the IBD 100 list stocks from 10/16 rose and [...]