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Jun 07 2024

Cracks Beneath The NASDAQ?

  • Jun 7, 2024

While the NASDAQ rebounded sharply from its mini-setback in April, daily 52-week new lows in the index eclipsed new highs several days in late May and early June. It’s rare to see that happen on days when the NASDAQ 100 itself closes at a 52-week high, yet that’s exactly what transpired on May 24th.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager