GMI: 4; Day 4 of QQQQ rally; Stocks to watch

The GMI fell to 4 because there were only 90 new highs in my universe of 4,000 stocks on Monday. Gmi0821 Only 17% of the Nasdaq 100 stocks rose, along with 30% of the S&P 500 and Dow 30 stocks.  Still, the GMI-S is 100 and the rally remains intact.  Monday was the fourth day of the new QQQQ short term up-trend……

I am out of all of my puts and am now focusing on stocks to buy–but slowly.  If this is the real turn, there is plenty of time to accumulate new winners.  Some of the strong stocks I am watching (I own some) are:  NEU, SWY, EME, OCN, SPSX, CLB, NVEC and CHIC.  Look before you leap………

Please send your comments to:  silentknight@wishingwealthblog.com.

 

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