A Theme: New All-time Highs

You can also see this strength in the Europe Hedged ETF $HEDJ, which is denominated in local currency.

New all-time highs:

In America we have many indexes. But the NYSE Composite is probably our most global "domestic" index, as over half the largest 100 companies are foreign stocks.

There's also a lot more exposure to cyclicals on the NYSE vs the Tech/Growth oriented Nasdaq Exchange.

New All-time highs:

Look at the Stocks vs Bonds ratio making new All-time highs.

In strong uptrends, stocks don't just do well on an absolute basis, but they also outperform their alternatives, bonds obviously being a good example:

Meanwhile, Consumer Discretionary went out at New All-time highs:

So did Industrials:

You can see the Railroads and Truckers leading the way there.

Here's $CSX which continues to be a big winner for us:

Healthcare too.

New all-time highs.

"Healthcare" does not mean Biotech. There are a lot of different industry groups in this space.

Look around.

Technology also making new all-time highs.

What else is new?

Semiconductors too.

This is what they do.

We discussed Semi's and my favorite stock in the group yesterday on the TV.

You can check out the full clip here:

How about the China Shanghai Composite quietly going out at new 6-year highs?

That stood out....

And finally, to finish up back in the States, check out the Wilshire 5000 going out at new all-time highs.

That was impressive.

What do you think?

Bubble?

Or Uptrends?

Premium Members can download all of my annotated Monthly Candlesticks here. Use this as a starting point to create your own list of the most important assets.

To be clear, these are the most important to ME.

Let it serve a template for you. But create your own. I have to believe there are assets out there that may be more important to your life, your business and your strategy that may not be as important to me. At least not right now, anyway.

This is a living document. I'm always adding and changing things around.

I encourage you to do the same!

JC

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