109 shares reach new highs while 117 hit YTD lows, Linda Raschke notes

109 shares reach new highs while 117 hit YTD lows, Linda Raschke notes
Many shares hit all-time and YTD lows

Linda Raschke, founder at LBR Asset Management, highlights significant market moves among listed shares. She reports that 109 shares have reached new all-time highs, while 207 are at year-to-date highs and 117 have fallen to year-to-date lows. Raschke advises caution regarding the group hitting YTD lows.

Raschke has previously identified a three bar triangle breakout pattern in copper during the Asia market open in earlier commentary. She also signaled a possible sell short opportunity and noted a rate of change divergence as large-cap stocks faced distribution in a previous report. These observations reflect her ongoing focus on technical setups and shifts in market momentum.

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