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Aug 06 2021

NASDAQ Natterings

  • Aug 6, 2021

In the week ended July 23rd, the NASDAQ accomplished a rare feat by closing at a 52-week high at the same time that more of its members were pegging 52-week New Lows than New Highs. That last occurred at the exact NASDAQ high preceding the GFC collapse; there was also a timely warning ahead of the crash of 1987.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager