It's rather apparent to what's the most striking line on this week's thematic table; pot stocks have gone from dark red to green in a single week.
This comes after President Trump is reportedly considering reclassifying marijuana.
But it's not just the green plants that are catching a bid, it's also their accompanying mushrooms. Psychedelic stocks $PSIL are also shaping up to new highs.
What does it say if the worst investment theme on the planet, alternative medicine, are catching a massive bid right now?
Despite recent turbulence, it shows there's a still a strong underlying demand for risk assets and that risk-on behavior will continue to be a tailwind to push markets to all time highs.
The next big story after these pot stocks? The U.S. consumer.
Spending drives 70% of the economy, but traditional data is slow and often inaccurate. The companies themselves tell the real story.
Jeff Macke is a retail expert covering the consumer, and he's dropping his hottest picks that are best positioned to boost investors portfolios.
