The number of new 52-week lows is increasing and the advance/decline line on Nasdaq is at a 52-week low, despite the index recently hitting an all-time high. This is sending out warning signals to every astute market technician.

I usually show the performance of the top names cohort from six months earlier, but we didn’t have the full, six-month performance of our Dec. 7 top names cohort yet, so here is a stand-alone performance update.