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New Lows ≠ Uptrends

May 31, 2021

One thing we know about new lows is that they are not a characteristic of uptrends.

We know this.

So here's an update on that whole Growth vs Value thing: New Monthly closing lows all the way down the cap scale.

You can fight this trend if you want.

You can bet that we're about to get a monster ripper in growth.

That can happen.

Anything can happen.

But there is no evidence whatsoever that it will.

And we are certainly not betting on that outcome at all.

Price pays. There's wisdom in price. There's nothing I respect more.

We covered these all on this week's call. Check that out here in case you haven't already.

 

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