Everyone knows that it’s a market of stocks.
Sometimes investors forget that there are 500+ stocks in the S&P500, 30 stocks in the DJ Industrial Avg and approximately 3000 stocks in the Russell3000.
This is all free and public information.
But still, investors forget, especially during times when it’s most important to remember.
That’s just human nature.
We take things for granted until we need them the most.
This quarter has been a prime example.
You see, while the S&P500 and other indexes were making new lows last month, the list of stocks making new lows had already peaked in early October.
We discussed the lack of new 52-week lows already.
But here’s a closer look at the new 6-month lows on the NYSE, or lack thereof to be more specific: [Read more…]