The GMI rebounded to 5 on very light volume on Tuesday and will fall back on any market weakness. 64% of the Nasdaq 100 stocks rose, along with 75% of the S&P 500 stocks and 87% of the Dow 30 stocks. 
There were 167 new 52 week highs in my universe of 4,000 stocks. Still, the QQQQ is in the 4th day of its current down-trend. AAPL and RIMM continued to weaken and only 62% of the IBD 100 stock list from 12/18 advanced. See yesterday’s post below, for my disclaimer.