The GMI is now at 5 and may turn 6 if we get 100 new highs on Friday in my universe of 4,000 stocks (there were 81 on Thursday), and the other five indicators stay positive. Thursday was the 5th day in the current QQQQ up-trend. (Click on chart to enlarge.) The following 23 of the 436 stocks in the IBD100 stock lists over the past 12 months that I follow hit a new high on Thursday:
I own a few of these stocks, some of which may become the new market leaders if this up-trend continues.