In spite of the recent mega-surge in equities, I’d like to point out that the 80,000 foot view of market strength isn’t looking quite so peachy.
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In spite of the recent mega-surge in equities, I’d like to point out that the 80,000 foot view of market strength isn’t looking quite so peachy. Below is the chart of the percentage of stocks above their 200-day moving averages.
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Crocs: A Durable Brand, But A Chart On The BrinkI tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
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