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Above are markets that are starting this month at all-time highs. Only the Nikkei is not at an all-time high, it did finish last month at a new monthly high, surpassing the highs hit in 2007. Historically, having numerous markets closing at all-time monthly highs at the same time, has been a positive for the markets.
Below are the 9 S&P 500 sectors with Power of the Pattern signals/thoughts applied to each.
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Most of these are doing very well. The green check marks are the favored Power of the Pattern sectors to own, as each are breaking above old highs, inside of quality rising channels.
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