+The average stock was down about .2% last week while the MSCI World Index was about flat.
Monday, November 25, 2013
Global Indices Head Higher as Number of New Highs Contracts
At the risk of sounding like a broken record, we will once again note that new nominal highs in stock indices are not being confirmed by the number of stocks making new 52-week highs. The divergence is the strongest in North America, but can be seen in the Pacific region as well.
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The average stock was down about .2% last week while the MSCI World Index was about flat.
+The average stock was down about .2% last week while the MSCI World Index was about flat.