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Technicals are strengthening

Posted Tuesday, August 18, 2015 @ 6:57 am by Dr. WishTechnicals are strengtheningGMI4/6GMI-27/8What is the GMI?WORDEN T210841%GMI back to 4 (of 6) and T2108 is at 41% and is at highest reading since July 17. T2108 measures the percentage of NYSE stocks that are above their 40 day simple moving average and shows that large cap industrial stocks may have […]

GMI Sell signal remains in place; very cautious as bonds march higher

Posted Saturday, January 10, 2015 @ 8:14 pm by Dr. WishGMI Sell signal remains in place; very cautious as bonds march higherGMI2/6GMI-24/8What is the GMI?WORDEN T210846%My indicators weakened on Friday and so the GMI Sell signal remains in place.  My more sensitive measure of the short term trend of the QQQ also remains down, now having reached 6 days.  I […]