The GMI and GMI-R are still both zero. An incredible 1,011 stocks in my universe of 4,000 stocks hit a new low on Wednesday. I am comfortably in cash with a few shares of GLD.
Dr. Wish
GMI:0; GMI-R: 0; over 700 new lows
Both the GMI and GMI-R remain at zero. There were more than 700 new lows in my universe of 4,000 stocks on Tuesday. Cash is king.