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 more sensitive GMI-R rose to 3 (of 10).  82% of the Nasdaq 100 stocks rose, and 49% closed above their 30-day averages.  There were 11 new highs and 121 new lows in my universe of 4,000 stocks on Tuesday. Among the 11 stocks at new highs were 4 stocks on my IBD100 lists:  DLTR, ES ... Read more

The GMI-R climbed to one (of 10).  There were 9 new highs and 214 new lows in my universe of 4,000 stocks on Monday.  The last time we had over 200 new lows was on January 20th.  In contrast, the most daily new highs this year was 20, on January 2nd.  The QQQQ completed the 13th ... Read more