Surprising Numbers to Chew On
I saw some interesting statistics in Wednesday's trading, including several metrics that surprised me.
One of these was the number of stocks making new highs, which chimed in at 444 on the NYSE -- far more than what I had expected. Back in September there were 495 new highs, and the market is now just about 5 points away from the September high, so that is a statistic to watch closely. Should we see any move above the September high that's not accompanied by more than 495 new highs, that would constitute a negative divergence....341 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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