The Two Opposing Forces on Stocks, Plus Inflection In Sight for VF Corp.? 4/14/23
CNBC's "Fast Money"
00:00
The SMP Is Making New Lows to the SMP
Since 1950, there are zero instances of the SMP making a new low when it has spent that much time above the 200 days. If you start looking at other aggregates and other parts of the market, the Russell 2000 is making right now new 52-week relative lows to the SMP. The consumer, the XRT, the equated consumer is literally hovering for GM stocks that are just not progressing.
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