Blog post: Day 1 of $QQQ short term up-trend; Livermore liked to buy a stock if other companies in the same industry were also showing strength; On Tuesday, 17 of 113 stocks at ATHs were from the Aerospace and Defense industries, more than any other industry, see list and 3X ETF, $DFEN.
The big money thinks this is the place to be. I use TC2000 to sort stocks at an ATH by industry. (Use the coupon on this blog to get TC2000.) Rather than choosing one of these stocks I bought the 3x ETF, $DFEN, see the daily chart below.
Note the recent green line break-out, GLB, to an all-time high, ATH, on high volume. DFEN is almost 3x its price from a year ago.
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