Michael MartinHost
But it's one of the sneaky things that you see, and that is if you know you have your list, even names that are making all-time highs, you might be inclined to go long.

But as we mentioned at the end of yesterday's video, even though some things, a few names, maybe even some of the markets are kicking into all-time highs, near-term highs, the breadth of the overall market – has been weak.

And I looked a couple of times last week, and although, yes, there are names that are making new 52-week highs, and in some of those instances, multi-year highs and even all-time highs, the overall breadth is just not there.

So it's kind of misleading to think that the market is, I don't want to say healthy, but it's safe.

Well, the Dow, it could be four names in the Dow that are cranking it, And the rest are just, you know, there's 30 names.

Why? Because the momentum and the buying of those handful of names that are pushing the index or even the indices higher, the buying there stops.

But it's one of the sneaky things that you see, and that is if you know you have your list, even names that are making all-time highs, you might be inclined to go long.

But as we mentioned at the end of yesterday's video, even though some things, a few names, maybe even some of the markets are kicking into all-time highs, near-term highs, the breadth of the overall market – has been weak.

And I looked a couple of times last week, and although, yes, there are names that are making new 52-week highs, and in some of those instances, multi-year highs and even all-time highs, the overall breadth is just not there.

So it's kind of misleading to think that the market is, I don't want to say healthy, but it's safe.

Well, the Dow, it could be four names in the Dow that are cranking it, And the rest are just, you know, there's 30 names.

Why? Because the momentum and the buying of those handful of names that are pushing the index or even the indices higher, the buying there stops.
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