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
Bueller?
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