The way we see it, there are 2 major uptrends in place that are hard to ignore:
1. US over World 2. Mega-Cap Growth & Tech over everything else in the US
This might seem quite obvious to some of us, but these charts are an important reminder nonetheless. Notice how these trends are nothing new, they've each been in place for almost 20-yrs and are showing no signs of slowing down. SPXDJIA QQQ VGK SX5E XLK
Read more about these trends in our latest post by clicking the link in our signature.
And check out our recent chart of Apple in the related ideas link. They are one of the ring leaders of this Mega-Cap Tech trend, and guess what - price is pressing back towards all-time highs.
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