Waning Strength

Managing Partner at Tim Knight Organization • Sep 29, 2025 at 1:36 AM EDT

Since April 7, equities have done little but go up. However, that if you observe the percentage of stocks above their respective moving averages – – across just about any time scale – – they are seriously losing their mojo.

No one can argue that equities have done little but go up since April 7th of this year:

I would like to gently point out, however, that if you observe the percentage of stocks above their respective moving averages – – across just about any time scale – – they are seriously losing their mojo.