The GMI is back to 6, and the "window dressing" I wrote about yesterday has begun. The funds are loading up on the leaders. The GMI-S is back to 100. 84-88% of the stocks in the Nasdaq 100, S&P 500 and Dow 30 indexes advanced on Monday. My holdings in QLD and AAPL did nicely. There were 132 new highs in my universe of 4,000 stocks. Monday was the 26th day in the current QQQQ up-trend. The big question is whether the scary month of October will begin on the down-side.
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