David Fry's Market Outlook for Thursday

Despite all wisdom to the contrary, don't fight the tape man! That should end the commentary for today. We pay our respects and move on. Maybe I could find something else to rant about? No -- enough already!

Let's just post some charts quietly so as not to disturb El Toro.

As I sensed Tuesday night, there was movement from previously hot international markets to U.S. tech stocks. As "sensory perception" goes that was no big deal since tech actually lagged just about everything else stamped USA. Without knowing all the data yet, this was probably another bullish 90/90 day. [Bows humbly.]

And let's look at some U.S. sectors beyond tech.

Lost in the stampede were some markets and news that weren't encouraging. But these can seemingly be ignored for now.

Is there any time [or computer memory] left to cover some global markets? You betcha!

Some single-country ETFs follow briefly.

I think that's as many charts as we've ever posted -- wow! There's a "global" stock market rally occurring, abetted by tremendous amounts of liquidity -- this doesn't smack of genius right? Global markets are rotating around with one period [days-weeks] featuring Europe, then Asia/Pacific, Latin America and back to the U.S. and repeat. It's probably a safe bet to say you need exposure everywhere to participate effectively.

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