The stock market, that’s what.

Now that yet ANOTHER trillion dollars in government waste (AKA the “infrastructure bill”) has been approved, the prospect of more tidal waves of cash sloshing around have pushed equities to yet more lifetime highs. Let’s stroll through some important ETF charts. As usual, click on any chart, and it will fill up your screen as best it is able.

We begin with the diamonds, which had painted out ten red bars in a row, but have reversed hard and undone about half the damage.