There were 598 new highs in my universe of 4,000 stocks on Wednesday, the most since last April. The latest Investor’s Intelligence poll shows that only 47.2% of advisers bullish. This poll is a contrarian indicator and market tops tend to occur when 55% or more of advisers are bullish. There is a new ETF that enables one to buy stocks related to lithium, as in lithium batteries used in electric cars. Check out this daily chart of LIT. It has been surging ahead.
