The GMI rose to 4 and the GMI-R fell to 5. There were 114 new highs and 123 new lows in my universe of 4,000 stocks on Tuesday. The QQQQ failed to break through its 30 day average. So the QQQQ is still providing few clues as to its probable direction. Tuesday was the 5th day of the current QQQQ down-trend. Meanwhile, CPST, a Judy's pick at $1, broke out again.
Judy’s Picks
GMI: 6; GMI-R: 10; CPST ascent continues
The GMI and GMI-R remain unchanged at maximum levels. There were 109 new highs and 48 new lows in my universe of 4,000 stocks on Tuesday. CPST, a Judy's Pick, continued to climb on high volume.
GMI: 6; GMI-R: 10; Judy’s picks: CPST and IMAX
The GMI and GMI-R remain at their maximum levels. There were 196 new highs and 48 new lows in my universe of 4,000 stocks on Friday. Friday was the 39th day of the current QQQQ up-trend. Judy’s picks, CPST and IMAX, are doing great. In fact, the above average volume of buying the past two weeks suggests to me that IMAX is about to surge.