Stocks Hit New All-Time Highs… But Utilities Are Telling Us Something

Black and Gray Laptop Computer

Image Source: Pexels

The tape doesn’t lie: The bullish thesis I’ve developed over the past few weeks has been vindicated. Ever since late April, I’ve been pounding the table about it. The way higher is wide open.

Although, I’m a bit concerned as we move deeper into summer. What is it that makes me uneasy? Utilities, and the high degree of relative strength they’re exhibiting right now. We’ll talk about exactly why in just a minute.

But in general, there’s a lot to like right now. I’m particularly excited by what I see happening in the crypto space as we speak…

I think it could be an excellent way to generate alpha even in the late stages of this bull market. Here’s why…

Video Length: 00:07:34

More By This Author:

Market Drifts Ahead Of NVDA Earnings As Anti-Dollar Plays Rise
What Comes Next Could Define Markets For Years
Please Tell Me You Didn’t Fall For Meme-Stock Craze II

Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.