Daily Report : Investors have been clamoring for the strongest stocks; Over the past 2 weeks, another historic thrust

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-06-02 at 17:32:03 CDT

Stocks with the strongest balance sheets have greatly outperformed those with weak balance sheets over the past couple of months. They've outperformed the broader market, too. An index of these strong stocks just hit a new all-time high.; Over the past two weeks, an overwhelming number of issues on the NYSE have advanced. This kind of a broad-based rally, for this prolonged period, has led to consistently positive long-term returns. When we see it occur after an oversold reading as we have, it has a perfect record.

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