Yesterday I was looking at a spreadsheet of Rising Tide stocks. Things are behaving well overall. Some up, some down in the past couple of weeks. The ratio was good— five risers for each faller, and none moving hard the wrong way. What’s more, the stocks that were falling were concentrated. Two of the retreaters were financial stocks –the only financial stocks in the portfolio. This is the other side of momentum. Smart investors often look around to see what…
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