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Mar 07 2024

Narrower Than It Looks?

  • Mar 7, 2024

It’s been 26 months since the all-time peaks the NYSE Weekly and Daily Advance/Declines Lines. The weakness in the Daily version is especially troublesome given the strong upward bias it’s exhbited since 2001. In addition, figures for 52-Wk. New Highs and New Lows have been anemic relative to the major index gains—especially among NASDAQ stocks.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager