Ep 158: Scott Bennett Looks At Relative Strength Spikes And Slams
Investing With IBD
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How Long Does a Fund's Money Move Into a Stock?
This is an area of the market where whether it's geopolitical tension or kind of slowing business and consumer confidence, this is a place where large funds can go and hide. Even after this run from its bottom still only has a PE of 20, which is below the S&P 500. So in this capacity, to me, it looks like this is it possibly may simply continue given where the economic data might be heading. But so far it still looks appealing and there's a lot of institutional support here.
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