Nasdaq Composite goes nowhere since 2 months already.
And if you think we gonna break out on the upside, look at the high beta small caps Russel 2000:
And some of not so old leaders,
Homebuilders:
And Semiconductor Companies:
Ok, ok, I know, the real story is about Gold. There is a lot of action. People are scared by coming hyperinflation and are buying gold as if there is no tomorrow. Personally, I'm far from being sure , most of them really understand why they need gold, but it continues to be the game du jour until it's no more.
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