The Traderszone Network

Published in TZ Latest News 11 January, 2016 by The TZ Newswire Staff

New Lows Continue To Dominate New-Highs Tally

New lows have steamrolled new highs so far in 2016, and the pain continued Monday. The new lows far outweighed new highs. Oil stocks accounted for the biggest chunk of the new lows, but a wide variety of groups also joined the dark side. Among new highs, there was little to get excited about. Strip out the thinly traded stocks, and the new high list was down to a handful.

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