|Day Low/High||23.88 / 25.87|
|52 Wk Low/High||9.50 / 31.80|
Although the action in the indices today isn't very impressive, the stock picking under the surface is extremely robust.
Bears are often very quick to believe a weak day or two is the start of a significant top. It is usually just wishful thinking.
The important thing is to not be complacent.
I think the enthusiasm of the indefatigable wave of these buyers is equal to or superior to the disdain the S&P mimicking pros have.
What happens when the dream portion of the market collides with the real stock market?
For the longest time the 'market' traded pretty much in unison. No more. That doesn't happen.
The current hype surrounding U.S. and Chinese electric car upstarts brings to mind past manias involving promising technologies that were seeing growing adoption.