GMI: +6 No change in trend; GOOG, XWG, GLW, SWN

Even though the markets declined Tuesday, I find no change in trend.  Only 32% of the Nasdaq 100 stocks rose, compared to 21% of the S&P 500 stocks and 17% of the Dow 30 stocks.  There were 155 new yearly highs and and only 34 new lows. Gmi913  78% of the stocks that hit new highs 10 days ago closed higher Tuesday than 10 days earlier.  And stocks in a short term up-trend rose to 56%.  Tuesday was day 6 (U-6) in the QQQQ up-trend…….

Even on this weak day, GOOG managed to rise and came close to its all-time high.  XWG and GLW and SWN also rose.  XWG is showing some high volume up days–worth watching, especially if it breaks 14.75. (I own GOOG, GLW and XWG.)

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