New all-time highs.. for everything?

Today was a wonderful day for those of us who have remained long this bull market.

With multiple asset classes breaking out into new all-time highs today, nearly everyone had an opportunity to make some money.

But for those of you who have succumbed over the last few months to the online trolls and permabears telling you that the market was going to crash, it wasn’t a great day.

So, for those of you who have struggled this year buying breakouts and remaining bullish, I recorded a quick 10-minute video for you.

I cover the basic principles of the Dow Theory, including how to identify primary trends, and the three stages of a bull market.

You can watch that right now for free by clicking here.

If you give me 10 minutes of your time, I guarantee you walk away a better trader and investor.

For the rest of us.. the show must go on!

Gold broke out today into new all-time highs while also hitting our second price target after going long in March.

We bought those contracts for $500 a piece and they’re currently valued at $3,895!

You can read through the entire trade idea by clicking here.

But while precious metals are fun, the star of the show today was a different type of money:

Bitcoin also broke out into new highs, above $70,000 for the first time since June, and looks poised for an all-time high breakout.

We also have a bunch of the most important stocks in the world reporting earnings this week:

Our Mag-7 Index continues to push into all-time highs.

Google actually just reported today and gapped up over 4% afterhours.

We still have Apple, Amazon, Microsoft and Meta reporting later this week.

These are massive companies that push primary trends in whichever direction they want to go.

And every single Mag-7 stock is trading above their upwards sloping 200-day moving averages.

This is the markets way of telling you that this bull market is alive and well.

And the best part about all of this?

Active money managers are less bullish right now than they were back in March and July.

As a matter of fact, according to the AAIM Investor Sentiment survey, this is the most bearish investors and traders have been since May:

You can’t help but feel bad for these guys and gals.

They’ve been wrong almost all year.

And now they’re so worried about everything that doesn’t matter that they’re missing out on all of these huge breakouts into new highs.

They’re almost guaranteed to be future buyers at higher prices.

That’s a rough way to operate in the market.

The weight of the evidence continues to suggest these breakouts in assets and the market will trend higher over the coming weeks and months.

And it’s our job to make as much money as we can.

Next week we’re going to be talking about the best charts we see in the market, including all of the trades we want to take to make November and December the best two months of the year.

If you want to join us for that webinar and you’re not already a member of our research team, you can access everything by clicking here.

Our members get access to daily market updates, all of our trade ideas, weekly web conferences and strategy sessions, and more.

See you tomorrow,

Hamilton

You can follow me for intraday market updates on X by clicking here.

You can follow me for longer-form videos on YouTube by clicking here.