Dow Jones Industrial Average, S&P 500 and NASDAQ-100 – break to all-time highs
Stock market is ripe for a pullback, but very bullish
Small Caps may outperform going forward| No major divergences in the AD-Lines
Technology, Financials, Discretionary hit all-time highs | Industrials close at ATHs
Health Care, Staples, Real Estate, and Utilities are playing catch-up |
Recent trade – EEM – Emerging Markets ETF
Junk bonds pause at all-time highs |
Treasuries & Investment-grade bonds could move higher & put pressure on stocks
US Dollar showing definite signs of an intermediate bottom (Euro, Pound, Yen, Canadian Dollar and Swedish Krona covered in this week’s Forex analysis)
Gold gains for the week – looking for signs of a failure in this rally
Where are the short stops hidden for GDX (Gold miners)?
Energy (XLE) attempting to bottom | Oil again frustrates both bulls and bears
Natural gas attempting to stabilize (still bullish long-term)
Most of the charts mentioned in this video are located here: stockcharts.com/public/1229503
Watch this video on YouTube!