My undergraduate students have an assignment to review it. This slide presents my approach at that time. The video explains each of these rules. Today, I add stocks from the MarketSmith Growth250 list.
The GMI remains on a Green signal. I do not remember a market when the QQQ type growth stocks diverged so much from other stocks. I still think the demise of the leaders could foreshadow a general market decline. They always shoot the generals before the troops. If the QQQ can retake its 10 week average I will feel more assured about the market.
