Tuesday, February 7, 2017

And Then There Were None

The entire world is saying no thanks to Forrest-Trump-o-Nomics, but the Dow is at an all time high, so that's all that matters...

As of yesterday, the number of mega cap stocks making new highs:

I'm pretty sure we've seen this movie before:

Nasdaq with new highs as of this writing...

Here are the mega cap stocks hitting new 52 week highs right now:

Philip Morris

Priceline: Top performing large cap stock since the lows of 2009

Morgan Stanley 


And of course, Apple

Here is what is not making new highs...

Energy and Marine Transportation stocks with Global GDP growth (blue):

Oil ETF (real-time):

Real-time TrumpPlosion indicators

$USDJPY just backtested the breakdown line...

The entire world is bailing out of the dollar now...

Even the Mexican Peso has now gained versus the dollar since the beginning of the year:

Year-to-date global currencies versus dollar

The world's most leveraged bank just broke its 4 month uptrend line