All Indices poised to make new all time high.....

Indices are looking @ creating series of new all time highs.

First to make new all time high was Russell 2000.

Nasdaq followed it with back to back new all time high.

S&P 500 is only 72 points away....max 3 good days should do it...

Dow is 1582 points away, about 5 good days away...

SOX is the trouble spot which is still below 50 DMA but above 200 DMA, it is 124 points away or 9.3% recovery needed.....good 15 days should do it....

This is the most healthy TAPE has been after few months

Earnings are starting with NFLX on Monday, Carter Worth is predicting down move, it looks extended and may need few days rest.....

Chinese small caps came to life big time last week some more strong than others HUYA was the best performer.....with IQ right behind.....

Among big cap Chinese stocks BIDU looks quite strong and may be heading to new all time high....

SQ is looking ready to make new high.....

SO...IF you look @ your portfolio, you should have a good mix of ready to make new high stocks IF not, make some changes, things change very quickly, one must take advantage of strong TAPE with strong stocks.

FB AMZN AAPL are among strong stocks, new highs begets more new highs.

IF you must own gold stocks here AEM could be a good bet.

All in all window of opportunity has arrived and one must position to take advantage.

Good luck with your own analysis of where we are and your own comfort level.

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed