Market Breadth Points to More Upside

Market Breadth Points to More Upside
George talks about the broad based rally and its implications

Market breadth has expanded

S&P 500 hitting highs
RSP equal weight ETF hitting highs
S&P 400 midcap hitting highs
S&P 600 small cap and Russell 2000 small cap hitting highs
QQQ and Nasdaq composite hitting highs
Dow Jones Industrial hitting highs,
Transports are behind
Stock to gold ratio is postive
Stock to bond ratio is positive
NYSE advance decline line at highs