FYI: While intraday performance for stocks in the back half of this week was uninspiring at best, the S&P 500 actually closed up on the week. Some of the price action is getting extreme, especially in cyclical sectors around the world. Today 266 stocks in our Chart Scanner closed at new 52-week lows, while just 17 closed at new highs. You can get a good look at the weakness in our asset class performance matrix below.
Is the baby being thrown out with the bathwater?
Regards,
Ted
https://www.bespokepremium.com/bespoke-report/the-bespoke-report-baby-out-with-the-bathwater/
