
What a difference a month makes.
On Oct. 10, I covered two stocks hitting 52-week lows that looked enticing. At the time, 150 stocks were hitting 52-week lows compared to 33 hitting 52-week highs, a ratio of 4.5 to 1. As I write this Tuesday midday, the ratio is down to 3 to 1, thanks to last week’s big rally.