🔎 Steady March to New Highs

Clearly, it’s a surprise to see Micro Caps $IWC top the U.S. table given their long history of underperformance.

It’s encouraging to see small and micro caps outperform over the past few weeks, it signals broadening participation that could keep driving the market higher. Still, the relative trends have more work to do, and there’s no strong case yet that a sustained small-cap leadership phase has truly begun.

For now, the biggest story in U.S. index ETFs is the steady march to new highs across the board.

The Dow Jones Industrial Average $DIA just confirmed its breakout to all-time highs, following the lead of the S&P 500 and Nasdaq 100.

It’s difficult, if not impossible, to make a serious bearish case while the Dow is holding above all this former resistance.

The breakout isn’t just on, it’s only getting started.

This mirrors the point our Senior Crypto Analyst Louis Sykes has been making in crypto markets. While Bitcoin looks like the Dow—breaking out—most altcoins remain deep in drawdowns, only now beginning to climb.

He believes the early stages of a new altcoin wave are underway, with potential for many names to quadruple in the back half of this year.

He’s closing his Labor Day special today: a 72% discount on his service.

If you want to see the tokens he believes can post the biggest gains in the coming months, you can sign up by clicking here.

Because if this move in the Dow is just beginning, what does that suggest for assets further down the risk curve?

It certainly isn’t bearish.

Want succinct ETF updates in your inbox every day?

👉 Click here to get started.