Crypto markets are undergoing a period of consolidation. Following last week's selloff, buying during weekend hours helped to push Bitcoin and Ethereum higher.
Copper is ripping to its highest level in almost two years, posting a 15% year-to-date gain:
For perspective, the S&P 500 is up less than 5% since January 1.
Our next profit target of roughly 4.85 is now in focus. A decisive break above this new objective sends copper toward new all-time highs and the psychologically important five-dollar level.
Our Hall of Famers list is composed of the 150 largest US-based stocks.
These stocks range from the mega-cap growth behemoths like Apple and Microsoft – with market caps in excess of $2T – to some of the new-age large-cap disruptors such as Moderna, Square, and Snap.
It has all the big names and more.
It doesn’t include ADRs or any stock not domiciled in the US. But don’t worry; we developed a separate universe for that. Click here to check it out.
The Hall of Famers is simple.
We take our list of 150 names and then apply our technical filters so the strongest stocks with the most momentum rise to the top.
Let’s dive right in and check out what these big boys are up to.
You can now add the Dow Jones Industrial Average to the list of indexes that are DOWN for the year so far.
I've argued many times that the Dow Jones Industrial Average is the world's most important stock market index.
And while I'm not going to get into all the reasons again today, I'll just show you the chart of the S&P500 and Dow Jones Industrial Average going back 60 years.
