Bull Market: Stocks Making More New Highs Than New Lows

Published: Feb. 8, 2023, 9:55 p.m.

b'Has the bull market taken over from a bear market? "For me a bull market is stocks making more new highs than new lows. More risk on behavior is coming into the stock market today. I want to see the 200-day moving average for the S&P 500 turn higher. Growth tech is still lagging, however. The financial and material sectors are crossing over into the overweight category," says Willie Delwiche.'