Bible-based stocks hit new lifetime high

Value Line Arithmetic Index ($VLE) just closed at new lifetime highs. I know, I know… Value Line Arithmetic-what?? It’s the index no one has ever heard of—even though it’s been around for decades—just hit new lifetime highs. 

The Value Line Arithmetic Index is an equal-weighted index. That means its measurement of trends is more broadly based than, say, a cap-weight index, such as the S&P 500. 

So, what does this mean? Stocks continue to go higher. 

But it’s not alone…

S&P 500 at new lifetime highs. 

Russel 2000 at new lifetime highs.

NASDAQ Cumulative Advance/Decline Line at new lifetime highs.

NYSE Cumulative Advance/Decline Line at new lifetime highs.

Heck, even “Bible-based” stocks have hit new lifetime highs and have been beating the S&P 500 for over a year. What’s not to like? 

… a lot if you watch the news and think the market is about to get cut in half at any moment, as many people still do. 

Listen. It does. not. matter. which way the US Senate is going to go… blue or red. The market has the backing of the Fed. 

Plus, I’ve got a sector that just broke out to new lifetime highs that I have to show you. I 100% guarantee that you will not believe what just went out at new lifetime highs. These are crazy times we live in.