Both the Dow Transports and Russell 2000 small caps indices are at all time highs.
The transport index has been regarded as a great leading economic indicator for a long time. And here I think that the market is starting to attract some fear-of-missing-out money out of term deposits, which are brimming over.
I think the second phase of this market uptrend is about to start, i.e.. the second liners and specs are drawn in. HAZ is well placed in the right business, with the right market climate. Global (market) warming is definitely happening.
I've bought more HAZ in recent days, and that may continue.
HAZ Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held