Selecting Winners Using Relative Strength

This week the S&P 500, NASDAQ and Russell 2000 reached new highs.  With the resumption of the bullish trend, we’ll look at the best performing sectors and how to select winners using relative strength. Since this week marks the official breakout from the 2018 correction, a table listing the characteristics of all corrections in the S&P 500 going back to 1936 is also included.  We close with a look at the new highs in the S&P 500 and the long term trend.

The Open Road, Peaks and Potholes

In this week’s video we’ll look at the road map to 3,000 in the S&P and 300 in the SPY ETF, along with peaks and potholes that mark the way.  In particular we’re going to look at whether slowing momentum is signaling a market peak.  We’ll take a trip back to 1954 to compare a similar peak in momentum to today.