
How can you tell that the markets are going through a bit of a correction?
It's simple. Look at the 52-week highs versus 52-week lows. Yesterday, there were 76 52-week lows compared to 63 52-week highs. When the markets are really humming, you'll have days where there are 250 52-week highs compared to 20 52-week lows. That's not where we're at right now.