71 New S&P 500 52-Week Highs

The good news about this chart from Bespoke is that we have a few names that we own and follow in the DWCM portfolio (see those below).  With 71 companies hitting new 52 week highs that represents 14.2% of the total S&P 500.  That is a big number and it again points out to how strong this rally has been.

Notice the diversification between the companies on this list.  It hasn't been just one sector or industry.  A pretty broad based rally if you ask me.  This also tells me that correlation seems to be strong with most companies and the major indexes.  They rise and fall together



DWCM Ownership

• Chipotle Mexican Grill, Lowe's, Disney

DWCM Watchlist

• VF Corp, Discovery, Visa, Mastercard, Beam

Personal Ownership

• Disney, Visa