In Monday’s trading, the major indexes were all in positive territory with the S&P 500, Dow Jones Industrial Average, and the Nasdaq Composite up 0.13%, 0.45%, and 0.03%, respectively.
While that might not be a significant move, it still produced a notable number of new 52-week highs. On the NYSE, there were 145 new 52-week highs, 2.4 times the number of new 52-week lows. On the Nasdaq, the high/low ratio was even higher at 2.9x.