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Jul 08 2025

The Tale Of The Tape

  • Jul 8, 2025

The SPX upturn to a new high has been confirmed by just three of the eight bellwethers we use to monitor breadth and leadership. Yet, we don’t view the uneven recoveries by the other eight as abnormal; our instincts are to wait a bit longer before classifying the laggards as yellow flags.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager