We Buy Stocks In Bull Markets
The Dow Jones Industrial Average just had its highest weekly closing price in history.
Meanwhile, this week we also saw the highest reading of NYSE stocks above their 200 day moving average during this entire bull market.
Do you know how many times we saw a new 52-week high for the Dow in 2021 along with these breadth readings also hitting new cycle highs?
Zero.
It didn’t even happen once.
That’s because back in 2021, market breadth was deteriorating, not expanding.
See the difference?
These are the biggest and most important companies in this country.
But what about the companies down the cap-scale?
Small-cap Indexes have not been participating during this bull market, although plenty of small-cap stocks and sectors have.
But now the indexes are joining the party as well.
We just saw new bull market highs for the Small-cap Russell2000 Index.
And when you break down what’s happening within that index, we just saw new 30-month highs for both Small-cap Value AND Small-cap Growth.
There are so many opportunities right now in the market, but how do you know which are the best ones?
Funny, you’re in luck.
We’ve been working on something BIG behind the scenes. And we’re not just looking for base hits.
We are ONLY looking for huge winners.
This is a bull market. So we’re not messing around.
If it can’t be at least a double, then I’m not interested. We’re going for multi-baggers.
Meanwhile, this week we also saw the highest reading of NYSE stocks above their 200 day moving average during this entire bull market.
Do you know how many times we saw a new 52-week high for the Dow in 2021 along with these breadth readings also hitting new cycle highs?
Zero.
It didn’t even happen once.
That’s because back in 2021, market breadth was deteriorating, not expanding.
See the difference?
These are the biggest and most important companies in this country.
But what about the companies down the cap-scale?
Small-cap Indexes have not been participating during this bull market, although plenty of small-cap stocks and sectors have.
But now the indexes are joining the party as well.
We just saw new bull market highs for the Small-cap Russell2000 Index.
And when you break down what’s happening within that index, we just saw new 30-month highs for both Small-cap Value AND Small-cap Growth.
There are so many opportunities right now in the market, but how do you know which are the best ones?
Funny, you’re in luck.
We’ve been working on something BIG behind the scenes. And we’re not just looking for base hits.
We are ONLY looking for huge winners.
This is a bull market. So we’re not messing around.
If it can’t be at least a double, then I’m not interested. We’re going for multi-baggers.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.