The Daily Breakout

Thursday, April 6th, 2023

Europe broke out to 52-week highs today.

Is this because of the recent selloff in the US Dollar?

Or could it be because some of the largest European companies (LVMUY, RACE, RMS etc.) are not affected by the larger macro picture seeing that they focus exclusively on selling to the 1%?

My bet is that it’s a mixture of both, but what do I know?