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The Nasdaq experienced 696 new lows today, marking the highest number of new lows for the index since April 2025.
Chris Perruna reported the data and cautioned not to ignore market breadth.
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Perruna has recently reviewed portfolio performance after selling four stocks in November, noting major losses for HD and NFLX in a previous article. He has also identified UBER as the weakest performer among his long-term holdings, lagging behind AAPL, NVDA, META, GOOGL, AMZN, MSFT, and V in another recent piece. These reports follow his continued monitoring of individual stock trends alongside broader market data.