The Dow hit an all time high today 2/7/2016 20,155. But If you look underneath the hood of the market and its individual components you can see that only 78% of the stocks were participating. That is down from when the Dow was at 17,800 back in May and 96% of the stocks were participating. Another weak point to acknowledge is that no stock within the DOW is making a 52 week high. How can the index be making all time highs and the stocks are not? This means we are going up without Institutional Money Flow
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AuthorKai Whitney, Archives
September 2020
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