This week's relative strength report still shows European stocks in the lead. Financials, industrials and utilities stand out. US real estate lags the world.

This rally is being driven by high volatility stocks. Low vol, normally safe stocks, are lagging behind.

This week, $TSM makes an alltime relative high shown. Others include $NVDA $MSFT $GS $NTDOY #RCL #NFLX

In emerging trends strength seen in $DIS shown. Also on the move are $CSCO $SNOW $CPNG $ZS $FCX as copper improves

Weakening trends include $AAPL shown. Also $Inditex, $TJX, $ADP, $MMC and $LSE

Bear trends welcome $MCD shown. Also feature $PG $JNJ $MC $PEP $ADBE $TMO

Full free report is here