New 52-week Highs and Lows (January 8)
There's a bear market in the
, and the new highs and lows list confirms this almost every day. Monday was no exception, as there were 142 lows vs. 54 new highs. The story is quite different for
stocks, as they consistently show more highs than lows. On Monday, there were an overwhelming amount of new highs (182) vs. new lows (just 15). The
, meanwhile, has put together a three-day winning streak in terms of new highs vs. lows. There were 29 new highs vs. 20 new lows on Monday for Amex stocks.