So Many All-time Highs
And when I look at the Dow Industrials' Sister Index - the Dow Transports, I see a 3-year base looking to complete and breakout to new all-time highs:
Here's the Dow Jones Transportation Avg going out already at new 4-month highs:
Even on an equally-weighted basis, you're seeing so much strength as market breadth continues to broaden out.
Here's the Equally-weighted S&P500 hitting new all-time highs this week:
Also, it's worth noting than in most of these cases, they're not parabolic rises in these indexes at all.
In fact, you're seeing these breakouts happening one by one as each of them complete multi-month consolidations.
There are people looking for a correction NOW, when most of the market's corrections started way back in Q1.
Look at the Mid-cap 400 Index as a great example.
It's just now breaking out to new all-time highs, for the first time in 4 months:
Click here to get yesterday's Breakout Multiplier Trade looking for 3X returns.
What's amazing is just how much investors keep hating on small-caps.
Many small-cap stocks have been working great, and several small-cap indexes have already been making new all-time highs.
If the month ended today, this would be the highest close in the history of the S&P Small-cap Index:
I would encourage you to go sector by sector so you can see how broad this bull market is getting.
We just saw the most amount of stocks on the NYSE above their 200 day moving average that we've seen this entire bull market.
We also saw the most amount of stocks on the NYSE and the Nasdaq hitting new 52-week highs that we've seen this whole bull market.
Go sector by sector. You'll see.
Check out Financials, which are arguably the most important sector in America, breaking out of a multi-month base to new all-time highs:
Look at Industrials doing the same thing.
Industrials are a very diversified sector index as it is.
No single stock represents more than 4% of this entire index.
This sector alone gives you a broad look at the market, which is probably why it looks like so many of the market indexes shown above:
Even Healthcare is joining the party, after not participating for so long.
Contrary to popular belief, this is one of the most important sectors in America, representing the 3rd largest weighting in both the S&P500 and Dow Jones Industrial Average:
When it's a bull market, you see a lot of new highs.
We're seeing a lot of new highs.
But think about it like this: A trader's worst nightmare is NOT losing money. Every trader or investor puts on trades that don't work.
That's not a big deal.
A trader's biggest fear is not making enough money when the bull market is raging.
Analysis is one thing.
Finding a great opportunity is another thing.
But the biggest and most important thing is maximizing the opportunity and making as much money as possible when it's time to make money.
It's winning time.
Here's a short video on our 4 step strategy to do exactly this.
It's called the Breakout Multiplier.
And if you're already watched the video you can click here to get yesterday's NEW Breakout Multiplier Trade.
See you in there!
JC