GMI: 6; QLD is strong

The GMI returned to 6 as the QQQQ rally continued, now in its 23rd day.  I am continuing to ride the QLD as this trend continues.  Gmi0920 There were 243 new highs in my universe of 4,000 stocks.  The GMI-L is now 94, and the GMI-S is still at 100.  Thus, both long and short term indicators are positive. 

Please send your comments to:

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.