Relative strength can be really powerful because stocks often tip their hand before making their big moves.
When the overall market is under pressure and a stock is making new 52-week highs, something is usually going on.
We’re seeing it in Uber, which we just bought yesterday.
UBER is making new 52-week highs and is currently valued at over $100 Billion. Meanwhile, people keep telling me stocks are in a bear market.
Those people must be looking at LYFT instead…