
Tuesday’s 52-week highs and lows were 245 and 61, respectively, according to StockTwits’ Trends with No Friends data. It’s not the most significant gap in 2024, but it’s high nonetheless. U.S. stocks remain overvalued and on a roll.
Financial stocks had the highest gap between 52-week highs (48) and lows (4) yesterday, with a multiple of 12x. While most of the action in financial stocks was higher, some stragglers were on the downside.