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Lia Holmgren: SPX reaches new highs as more stocks hit lows

Lia Holmgren: SPX reaches new highs as more stocks hit lows
SPX hits highs, stock breadth deteriorates

Lia Holmgren observes that while SPX is reaching new highs, a greater number of stocks are trading at lows rather than highs.

She suggests this pattern typically occurs when the market is nearing a top.

Earlier this year, Lia Holmgren noted SPCX was showing strength above $150 and saw potential for the stock to reach $200 in the fall. She has also reported on BMNR’s strong performance following a breakout and emphasized disciplined stop-loss management to avoid significant losses in a separate update. These observations add context to Holmgren’s recent views on SPX market signals.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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