Stocks Hit New All-time Highs!

JC Parets
May 16, 2024

S&P500 New All-time Highs

Nasdaq Composite New All-time Highs

NYSE Composite New All-time Highs

Dow Jones Industrial Average New All-time Highs

Are you noticing a trend?

And it's not just 7 stocks either.

Actually the Russell3000 Index just hit New All-time Highs as well. This index represents approximately 98% of all investable assets in the U.S. Equities market.

Here it is breaking records before your very eyes:

There are stocks breaking out.

The new highs list is finally starting to perk up, for the first time in months.

Old sectors are participating again.

New sectors are becoming leaders.

These are all bull market characteristics.

Yesterday during our LIVE event we discussed how we find stocks setting up for a major short squeeze.

Today during our LIVE Conference Call for Premium Members of ASC, we discussed exactly which stocks we want to own, at which prices, and where we want to take profits.

We even talked about an options trade we put on in one of them.

Check out the full video replay of tonight's LIVE Conference Call here and download all the slides.

Tonight's Agenda:

  • Bull Market Resuming?
  • Analyzing The Correction
  • Short Squeeze Candidates
  • Dollar/Rates/Commodities
  • Stocks In the Business of Rocks
  • Global Perspective
  • Financials & Industrial Stocks
  • Tech & Growth Stocks To Buy Now

Today's Conference Call was an important one.

Things are changing.

This is historically the time in the cycle where things change price-wise.

We've already seen the change in sentiment.

Just a few months ago sentiment was frothy and becoming a headwind.

Now it's the opposite.

There are more opportunities from the long side today than there have been in quite a while. Probably the most amount of new setups since October.

Now is the time.

If you're not already a Premium Member of ASC, you can sign up here and access tonight's video call, all the trade ideas and the rest of the research that All Star Charts provides daily to Premium Subscribers.

Click here to join us in a more official capacity RISK FREE

See you in there!

JC

 

 

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