There are stocks going up and there are stocks that are not going up.
What you’re not really seeing is many stocks going down.
That’s probably the best way to describe this market.
We’ve outlined our long positions, particularly those that have been showing relative strength and positive momentum. Those areas are working.
But most stocks are not.
You can see the difference in the Value Line indexes, when we compare them to the S&P500. Think of these more of the “Median” stock: [Read more…]