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Ep 157: Market Back In Uptrend, But What's Driving Indexes Higher?

Investing With IBD

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The Relative Strength Line for Block

A lot of those stocks even though the price was hit really hard the relative strength lines were recovering quickly and they were pretty close within their 52 week highs as opposed to here. When you look at the relative strength line for block right now there's a lot of damage and it's well off its 52 week highs so that's the difference what this is telling us  that yeah block has gone hit and it there but there are plenty of other stocks that didn't get hit nearly as much. You want to stick with those stocks that are showing that relative strength versus going after a block.

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