High/Low Logic
Feb
07
2018
Too Many Highs, Too Many Lows??
In the past few years, we’ve shared our concerns that traditional market breadth measures may have become compromised by several developments.
Aug
07
2015
Too Many Highs, Too Many Lows
We’ve detailed the growing degree of stock market bifurcation, but the problem for would-be bears is that such bifurcation can reach astonishing levels (witness 1999-2000) before the market is set to peak out.
Nov
07
2013
Little To Complain About
From a pure price action perspective, it’s difficult to find cracks in the bull market’s edifice.