MCD, HSY: 37 Companies Are Hitting All-Time Highs

To quote Bruce Springsteen, investors "want to put money to work," notes Caleb Silver. He discusses the state of the market. He looks at stocks that are making new highs. He suggests that there are about 37 companies hitting all-time highs, such as McDonald's (MCD) and Hersey's (HSY). He then goes over catalysts behind the weakness in transport stocks. He mentions that there's a little momentum in transport stocks, but it's not what we're looking for in total strength. He the breaks down outperformance of homebuilders and monitors ETF inflows. He highlights that the big ETFs are getting bigger. Tune in to find out more about the stock market today.