Daily Charts - After the Shakeout comes the Breakout
1.After the Shakeout comes the Breakout.
Global equities (ex-US) have broken out to new all time highs with country breadth running at solid levels.
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2.Lessons from the past...
The internet would go on to become ubiquitous, and a source of tremendous wealth and innovation
But at the height of the dot com bubble it was pure Hype at that stage... certainly relative to the valuations prevailing at that time:
$Cisco(CSCO)$ $Oracle(ORCL)$ $Qualcomm(QCOM)$ $S&P 500(.SPX)$
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3.The GoldNuggets Digest
-positioning shakeout
-valuations
-long-term technicals
-investor allocations
-debt dynamics
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