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The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

With the GMI and GMI-R back to 1, I remain mainly in cash. I am a chicken, and prefer to wait out times like this.  The T2108 is at 27% still not at the depths where meaningful turns come.  The key to success in the market is to lose little during the bad times. gmi: 1 gmi-r: 1 t210 ... Read more

The GMI and GMI-R have been zero since Tuesday’s close.  There were 3 new highs and 424 new lows in my universe of 4,000 stocks on Wednesday. The Worden T2108 Indicator is now 21% and heading down from the reading of 89% on January 6.  In the November swoon, this indicator bottomed at 1 ... Read more

The market is marking time.  The GMI and GMI-R were unchanged, along with the T2108 indicator.  There were only 2 new highs and 108 new lows in my universe of 4,000 stocks on Wednesday.  Gold (GLD) and silver (SLV) continue to advance.  I remain mainly in cash. ... Read th ... Read more

There were 3 new highs and 103 new lows in my universe of 4,000 stocks on Tuesday.  The GMI and GMI-R both declined.  But the QQQQ short term up-trend completed its 5th day.  I hold a little QLD and have a close sell stop in case the QQQQ declines more.  Note that MYGN and SXCI h ... Read more

The GMI rose to 1 (of 6)  and the more sensitive  GMI-R to 4 (of 10).  There were 5 new highs and 21 new lows in my universe of 4,000 stocks on Wednesday.  The QQQQ will change to a short term up-trend, if it holds on Thursday.  I sold my QID and bought a little QLD.  I ... Read more