2023年6月4日 星期日

Puzzling

 Breadth of NYSE improved a bit recently. Meanwhile, some stocks like ADSK, INTU, TMO, DHR, SBUX, Domino pizzas, NKE, NDAQ, ICE, Estee Lauder, TGT, IWM(RUSSELL 2000), are still like head and shoulder patterns since 2020. Dollar General, Waste Management seems like '3 pushes'.

Many traders and analysts currently insist bull market begins November 2022. Next few weeks development will be critical.

Of course, there are some stocks like Oracle, BMI, AME can gain all time high at the moment, but I notice some of the stocks making all time highs were doing the same ATH in 2008. That's make me puzzled and confused.