The Bifurcated Market

The Russell 3000 is now the whole market right it's the SM 500 plus another 2500 stocks if we look at the chart there that was the S&P we could just use that as a as a proxy so the lows of october we are up from those lows but did you know that more than half the stocks the entire market are below they're october lows. We have a very bifurcated market it's not about tech it's just about certain stocks getting all of the money and those stocks all to my eye are steep uncorrected vulnerable which in fundamental parlance is expensiveAll right let's talk about this because you had a note I think it was yesterday on worth