The GMI remains at zero (of 6), and the GMI-R at 2 (of 10). There were 12 new highs and 27 new lows in my universe of 4,000 stocks on Monday. 91% of the NASDAQ 100 and S&P500 stocks have a MACD above their signal line. It remains to be seen whether this short term bounce can reverse the longer term trends. After a major market decline, the new high list is the place to identify new market leaders. I especially like stocks at all-time highs. The 9 stocks hitting a new high on Monday and also near their all-time high are: LG, SPTN, AFAM, PETS, AVAV, STRA, ZEP, EBS, ALGT. Any stock that can come through the recent market debacle and trade near its all-time may be a leader in any new bull market. Stay tuned…