SentimentEdge report

Jason Goepfert

1-08-2021 at 11:00 am

Uptrends galore, with a breakout in breakouts

Stocks across sectors are enmeshed in uptrends, and there has been a multi-year breakout in the percentage of them hitting new highs. That kind of behavior has a strong record at preceding longer-term gains. The only (minor) worry on a shorter-term basis is that odd days keep popping up.

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