The only way to explain this is that entitlements are funding corporate profitability…

corporate profits chart versus percentage of us population with a job

Quick Glance at the Market Heat Map and Industries

heat map

Notables:

  • Tech finally was amazing… even Apple (AAPL) was on board with the rally.
  • Financials had more weakness than I would have liked. 
  • Consumer Goods and Services were solid. 
  • A large chunk of materials were lukewarm towards the rally. 

Be sure to check out my latest swing trades and overall past performance

SharePlanner Market Compass:

Stock-Market-Compass-Full-Uptrend

Broke 1654 and beyond. Now the task of new all-time highs are at stake. 

And of course…the RIDICULOUS!

There’s no mistaking it – the Judge on the Gary Zimmerman Trial is a total idiot!!!

You Might Like

  • South Korea: The Hidden Driver of US Tech Volatility

  • Stop Trying to Hit Home Runs: Start Trading Within Your Means

  • How to Trade Breakouts Without Getting Trapped