Daily Report : New highs - with asterisks

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-08-19 at 17:32:02 CDT

The most benchmarked index in the world finally set a new high, ending the shortest bear market in history. It did so with only a single sector following it to a new high, and with odd readings and divergences. Relatively few tech stocks are above their medium-term averages, and even fewer industries, sectors, and countries are in solid uptrends.

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