MI: +6; little change; some leaders hit

The GMI remains at +6 amid small changes in the market indicators.  Gmi1130 There were 158 new highs on Tuesday in my universe of 4,000 stocks.  50% of the Nasdaq 100 stocks rose, along with 59% of the S&P 500 and 43% of the Dow 30 stocks.  Only 13% of the stocks that doubled this year (with good earnings) hit a new high on Tuesday, down from 18% on Monday.  Some leaders (AAPL, -2.2%; NURO, -9.0% and GOOG, -4.7%) were hit hard.  Tuesday was the twentieth day of the QQQQ up-trend (U-20).

NOTE:    A NEW SECTION TO THE BOTTOM RIGHT PROVIDES LINKS TO MY FAVORITE PRIOR POSTS.  THESE INCLUDE MY STRATEGY POSTS, DEFINITIONS OF THE GMI COMPONENTS, AND MY ANALYSIS OF WHY THE TRADING TECHNIQUES OF THE GREAT NICOLAS DARVAS WORK BEST DURING BULL MARKETS AT ALL-TIME HIGHS.

How have you used this site to inform your trading?  Can you send me some experiences I can post for others  (anonymously, with your prior permission)?  Please send your pearls of Wishdom to me at: silentknight@wishingwealthblog.com

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