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OldAIMGuy

06/11/24 10:35 AM

#47123 RE: JDerb #47121

.....and an Image to go along with the data..................



Indexes were up even while market breadth was lower. Also, the number of new highs and lows over the previous 52 weeks was higher making the Fosback High/Low Logic Index bearish. Valuations are still lofty, too. This puts the dividend yield of stocks a bit below their average.

Keep some Powder dry,
OAG Tom