There hasn’t been much going on in the new lows lists this year.
As I’ve mentioned here plenty, you cannot have a market correction, mathematically, without the prices of stocks falling.
Well, there’s been some action in the short-term new lows recently with Technology leading the way.
Half the Large-cap Tech stocks just hit new 10-day lows, and Technology has seen the most amount of new 1-month lows of any sector.
Small-caps have struggled the most: [Read more…]