More Stocks Join The Party
It's only a small list of stocks that aren't working.
Most are. And it's continued broadening participation that we've been seeing.
Look at the Equally-weighted S&P500 Index hitting new multi-year highs relative to the Market-cap weighted version.
This is NOT narrow participation.
It's not even narrowing.
It's broadening.
And what's funny is that the equally-weighted S&P500 doesn't even carry a heavier weighting in Energy. It has the same exposure as the cap-weighted index.
The difference is a lot more Industrials and almost half the Tech.
That definitely helps.
I laid it all out this week on our Live Conference Call. If you haven't checked that out, you can do so here.
This is where we detail each of my favorite trades and walk through the entire process of identifying these major trends.
And if you don't have access, just email us or give me a call and we'll get you set up: +1 (323) 421-7910
JC