New record highs in store for indices.......

S&P 500 & Nasdaq has already made into record books last week, now it is Dow's turn to move UP by 76.98 points for a new all time highs.

This rally has caught many traders & money managers by surprise, many rely on tools which has not worked in "strong bull markets"

Every indicator was flashing warning sign but indices kept chugging along after a minor 3% rest.

International tensions have "overplayed their significance"...these are all regional conflicts which simmers every other day.

World has become complacent to many issues until it boils to the forefront.

TAPE is very strong despite conflicting economic data from China, Europe & US...

US has become the safe haven to park in equities, as Europe is struggling with low or no economic growth.

I am anticipating major inflows in US equities in coming weeks, which will propel indices into higher & higher grounds.

BUT the real problem is, that all sectors are not doing the same thing, so what to do & where to invest.

Large cap techs are the best place to be, they all have made a nice base & are ready to move significantly higher.....FB,MU,PCLN,AAPL,TWTR,NFLX,TSLA,LNKD....are few of those names

There is a "stealth bull market" in many small caps which has been largely ignored by pundits, SWIR, SWKS are the two standouts & making new 52 wk highs.

Looks like everything is looking very good for bulls but be very selective in where you invest, all stocks are not created equal.

Good luck with your portfolio.

BLOG does NOT give buy or sell.

Saleem