
Stocks Climb the Wall of Worry…For Now
MRKT Matrix
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Breath of the Stock Market
The real way to measure breath is the number of constituents and their % below their own, 52 ek hies relative to the market. On december fifteenth, half of all stocks were already down 20 %. In an up trend, only down three %, but one out of two stocks have already lost 50%. It's a class example, looking under hood. Don't judge a book by its cover.
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