GMI: 6; Growth is alive

The GMI is still 6.   There were 457 new yearly highs in my universe of 4,000 stocks.   Gmi1026_2 81% of the Nasdaq 100 stocks rose on Thursday, along with 69% of the S&P 500 stocks and 53% of the Dow 30 stocks.   68% of the IBD 100 stocks from 10/16 rose and there were 22 new highs among them.   Taken together, it looks like the tech and growth stocks are rising..

1 thought on “GMI: 6; Growth is alive”

  1. I got absolutely demolished by the market today. I can tell that your indicators are going to be helpful long after the class ends.

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