Chart of the Day: Everyone is Making Money

JC Parets
January 13, 2023

It seems like everyone is making money in the market these days.

US Stock market investors are crushing it.

Investors in foreign stocks are doing even better!

Heck, even the Gold bugs are getting paid.

I mean, who isn't?

Remember, it's not always like this.

There's a time and a place for everything.

This is a healthy environment, with positive sector rotation, expansion in market breadth and a lack of new lows for stocks, sectors and indexes.

Look at the performance in these assets since late September when the US Dollar started to roll over:

That was the catalyst all along. (See here and here)

If 2023 is the year of US Dollar weakness, how are these assets above going to do?

My bet is they continue to go up and to the right.

What's your bet?

Let us know in the comments.

Live Mid-Month Strategy Session

Our live Mid-Month Strategy Session for ASC Premium Members is happening Tuesday, January 17, at 6:00 p.m. ET.

As always, if you can't be with us live, we'll publish the recording and the chartbook in the Strategy Session archives, along with every other live call since 2015.

ASC Premium Members, click here to register for Tuesday's Strategy Session.

Non-ASC Premium Members, call Mary at +1 (323) 421-7910 for the best information about how to join us.

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