by Bespoke Investment Group
In Friday's trading, there were three S&P 500 stocks that hit new 52-week highs (CL, DGX, and TDC) and only one stock that traded to a new 52-week low (WFR). This ended a nine trading day streak where more stocks hit new lows than new highs. Since the bull market began in March 2009, there has only been one other period where new lows exceeded new highs for nine trading days (8/19 - 8/31). So at this point at least it hasn't gotten worse than last Summer.
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