The Compound and Friends cover image

Belski the Bull

The Compound and Friends

00:00

Are the 52 Week Highs More Important Than All Time Highs?

There's a chart that I think you're going to like from Steve Strasse who was on the show a couple of weeks ago. He said more stocks made it a new 52 week high yesterday than when the major averages were at an all time high a little over a year ago. This is a big burst in new highs to start the year and I feel like there's probably no real signal there for how the year ends, but it is confirmation that sentiment is not as bad as maybe the headlines would make you think it should be.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app