• The “Average” Stock Is Testing All-Time Highs Again

    11 days ago - By ETF Daily News

    From Dana Lyons : The “average” stock is back testing its all-time highs from January.
    As you probably know, we are big proponents of good breadth, or participation, among stocks as confirmation of the strength of a stock market rally. In other words, the more stocks that are participating in a rally, the better. When the major averages are rallying on the backs of only a relatively small number of mega-cap stocks, you'll hear technicians complain about the “thinness” of the rally. The large caps are rallying, they'll say, but the “average” stock is not participating. Well, the good news...
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