I’ve been at this for 20 years. I’ve seen a lot of uptrends and bull markets in my day. I’ve studied many more that came before me.
Along the way, do you know what you’ll find a lot of in bull markets?
New 52-week highs.
With the Nasdaq100 going out at new 52-week highs, what do you think the S&P500 is going to do next?
You think it’ll do the opposite? Or do you think it follows?
Meanwhile, in the comedy section of the news today, the largest component of the U.S. Financials Index also just hit a new 52-week high:
I was promised a banking crisis.
Instead I was given a raging bull market in stocks.
We discussed it all and what we’re doing about it on this week’s Live Video Conference Call.
Premium Members make sure to check it out here if you haven’t already. Or watch it again. That works too!