Interesting breadth today — 26 names printing fresh 52-week highs.
Energy having a moment: $SHEL $SU $VLO $PSX $MPC all breaking out. Refining margins still working.
Cyber/cloud cluster too: $S $FTNT $OKTA $DT $FFIV. Enterprise security budgets aren't getting cut.
$MRNA back from the dead. $ABBV quietly grinding. $TEAM breaking higher.
Brazilian energy ($PBR) and shipping ($FRO $INSW) also in the mix.
When you see this kind of sector diversity at new highs, it usually means the market's got more room to run.
Energy having a moment: $SHEL $SU $VLO $PSX $MPC all breaking out. Refining margins still working.
Cyber/cloud cluster too: $S $FTNT $OKTA $DT $FFIV. Enterprise security budgets aren't getting cut.
$MRNA back from the dead. $ABBV quietly grinding. $TEAM breaking higher.
Brazilian energy ($PBR) and shipping ($FRO $INSW) also in the mix.
When you see this kind of sector diversity at new highs, it usually means the market's got more room to run.