The GMI remains at +6 amid small changes in the market indicators. There were 158 new highs on Tuesday in my universe of 4,000 stocks. 50% of the Nasdaq 100 stocks rose, along with 59% of the S&P 500 and 43% of the Dow 30 stocks. Only 13% of the stocks that doubled this year (with good earnings) hit a new high on Tuesday, down from 18% on Monday. Some leaders (AAPL, -2.2%; NURO, -9.0% and GOOG, -4.7%) were hit hard. Tuesday was the twentieth day of the QQQQ up-trend (U-20).
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