The world's important stock market index just made new all-time highs, again.
We don't know what the market is going to do next. No one does.
But here's what we do know.
Going back and looking at all the data since the beginning of time, we know FOR A FACT, that there is nothing more bullish for a stock than the price going up.
We know.
We have the data.
So do you!
But have you gone back and actually taken the time to count?
The most bullish thing a stock can do is go up in price.
Here is the Dow making new all-time highs (in price), after breaking out earlier this year from a multi-year bear market.
If I learn something from someone and I quote it, I always do my best to also mention who I learned that from.
When someone on my team makes a good call, or builds something really valuable, I'm the first one who stands up to give them credit for it.
But this one is mine. I'll take the credit for this list.
Here's the thing though. While I did think building this would be a good idea, it has exceeded expectations across the board.
I may have made a good call. But I'm still a dummy for not realizing just how valuable this would end up being for us.
The market is humbling that way.
Without any further ado, let me present you with the All Star Charts Hall of Famers.
These are the largest 150 companies in America by market-cap. These are the stocks that are driving returns. These are the names that need to do well if you want your favorite indexes to do well too,
You guys know how much I appreciate the value we get from the Dow Jones Industrial Average.
We just got done with our Fall Portfolio Accelerator in Chicago.
It went even better than expected.
I think we're going to make so much money from the ideas and strategies we discussed over the past two days.
It's not even fair to have so many smart traders and investors in one room. Not to mention, we also got to go to the Cubs game last night, the CBOT on Wednesday and a tour of the Pat Tillman Foundation as well.
All around I think it was a huge win for all of us. Our entire team got to fly in from all over the world to spend some time in Chicago, many of them for the first time.
But not because I have to. It's because I want to.
There's a difference.
But I'm taking a break out here in Newport Beach, Ca for a few days, at what has become, the #1 Conference in all of Finance.
It's not even close.
I couldn't tell you what the 2nd best was. That's how dominant this is.
Sunday afternoon I walked up to the booth in Huntington Beach to get my badge and bag of goodies and they had pins representing whether it was your 1st year at FuturePtoof, your 2nd year attending or if it was your 3rd.
I smiled and said, "This is my 3rd year here", and she jumped up with joy and put extra flair on my conference name badge.
I feel like Jennifer Aniston in Office Space with all my flair on right now.
I laugh because of course it's my 3rd year. I want to support my friends.
Even if there was no one here, I would still be here.
But do you know how happy it makes me to see my boys kicking everyone's ass?
Josh Brown and the rest of the Ritholtz Wealth Management team is absolutely crushing it.
I'm out in Newport Beach, CA for a few days hanging out at an industry conference called Future Proof.
I don't even know where to start with these guys.
I've had a front row seat to watch my good friend Josh Brown partner up with Barry Ritholtz, hire Michael Batnick and many others along the way, and turn a small advisory into a $5 Billion AUM firm - one of the fastest growing Financial Advisors in the United States.
It was awesome when they were first coming up and putting on conferences. They were big, but still small and intimate in their own ways.
Now they're just way too successful.
That band that was cool when just a few people knew about them has gone mainstream.
There are way too many people here. It's absolutely insane.
My friends are rockstars. And I couldn't be happier to see all of their success.
I say there are too many people at this conference as a joke. But I'm not even kidding. There were like 20 open bars at happy hour last night and I still couldn't get a drink.
I'll be Streaming LIVE TODAY at 4 p.m. ET to talk about what that 20% correction in Semiconductors means for this market, where that money is going next, why markets are usually volatile ahead of November’s election, and what exactly we’re doing to profit from it all.