The Market -- Idle Rambling -- March 26, 2021

Note: I am inappropriately exuberant about the US. 

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

Earlier I posted:

Meme: Wall Street not keeping up with the global economy or the US economy:

• the US market's three major indices keep hitting new highs; and, yet,
• many blue chip, widely held stocks are still 5 - 20% below their 104-week highs; in other words,
• there is a lot of room for some of these stocks to move (on the upside);

mom-and-pop players at home are seeing better gains in their professionally-managed accounts than in their personally-managed accounts -- this is based on a survey of two -- me vs my wife.

• world trade volumes surged in January, 2021; graphic pending --
  
• what I find most remarkable:
• it's a stock-picker's market; the professionals are in the driver's seat;

Let's see some examples. Ticker symbol:  52-week high / trading today / percent yet to run to reach 52-week high (numbers may be rounded):

• BRK-B: 268 / 253 / 6%;
  
• BA: 278 / 247 / 13%;
  
• V: 228 / 208 / 10%;
  
• UNP: 221 / 212 / 4%;
  
• CVX: 113 / 105 / 8%;
  
• T: 33 / 30 / 10%;
  
• DFS: 104 / 96 / 8%;
  
• BAC: 40 / 38 / 5%;
  
• AAPL: 145 / 120 / 21%

AAPL: tea leaves -- AAPL will announce a sizeable dividend increase before the end of May, 2021.