GMI:+5; GMI-S: 88; QQQQ turning? Some strong stocks

Monday was another strong day.  74% of the Nasdaq 100 stocks rose, along with 61% of the S&P 500 stocks and 63% of the Dow 30 stocks.  There were 432 new highs in my universe of 4,000 stocks.  51% of the stocks are in a short term up trend and 71% closed above their 10 week averages.  Gmi0227 34% of stocks closed within 5% of their 52 week highs.  The GMI was +5, but the Daily QQQQ Index was too close to call.  One more up day will turn it definitely positive.  I therefore tentatively called Monday the sixteenth day in the QQQQ short term down trend.  The GMI is very close to turning +6.  The GMI-L is now a perfect 100 and the GMI-S is at 88.  A lot of stocks are turning up on high volume.  Check out: ALKS, MLNM, FIX, WIBC, PWR,  ECLP, CLZR, KG, REGN, ARNA, AMTD. A lot of biotech and drug stocks seem to be doing well.

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