While headlines of the new presidential administration’s various actions have dominated the news since the start of the year, the stock market has quietly been on a tear. According to Bespoke Investment Group, 36 stocks in the S&P 500 reached all-time highs last Monday. Another 24 new highs followed on Tuesday. Wednesday saw 40.

Here is a full list of S&P 500 companies that have set new all-time highs as of last week, courtesy of Bespoke:

Hopefully, you’ve personally benefitted from this. The question is: How long can this last?

If this article from the Wall Street Journal is to be believed, one disconcerting sign about the economy could come from the National Federation of Independent Business. Last month, its survey of small business optimism reached its highest level in 12 years. At a reading of 105.9, the reading marks a massive jump from October, when it was 94.9.

As the article states,

“The burst of enthusiasm might seem like good news for the stock market since it suggests that small businesses will be stepping up hiring, buying more equipment, borrowing more and generally stimulating the economy. The record suggests otherwise. Figures from FactSet going back to the mid-1970s show that, when the small business optimism index is 105 or higher, the S&P 500 has risen an average of just 4.7% over the next year.

When it is 85 or lower, the index has gained 38%. Maybe by the time the good economic feelings trickle down to Main Street it is time to bail on Wall Street.“

#-ad_banner-#I’ve mentioned before in these pages that we think there’s room for stocks to continue their run. But make no mistake, we’re at the latter stages of the bull market. This latest data point seems to confirm that thinking. Either way, keep in mind that this can’t last forever. It doesn’t mean you can’t enjoy the fun while it lasts, though. Just know that there will come a time when you need to start harvesting gains.

Commodities Are Making A Comeback
Another thing you may have missed… The commodities sector is quietly showing signs of life. My colleague Jimmy Butts has focused on this topic in the past issue of his newsletter, Maximum Profit.

Consider coal for a moment. Did you know that after falling 87% in the previous five years, coal stocks staged an impressive rally of 98% in 2016?

As Jimmy recently pointed out, gold was a similar story. From highs in 2011, prices dropped about 45% to 2015. Fast forward to 2016, and prices rallied about 30% in the first half of the year.

When you come across a sector or asset that’s experienced four or five years of consecutive decline, it’s extremely rare. But for investors — especially commodity investors — this is exactly when fortunes can be made.

Today, Jimmy sees opportunity in another commodity: uranium.

“What excites me about this pick, aside from the fact that it’s passed the rigorous criteria of my proven system is that it is experiencing a concept that’s known as “mean reversion.” In financial theory, mean reversion suggests that prices will eventually move back toward the mean, or average. This can be an incredibly powerful force. When coal stocks reverted away from the mean for five years, they snapped back violently in 2016 — returning nearly triple-digit gains in 12 months.

Today, we have a similar setup in the uranium industry, and my system has recently identified a stellar opportunity in it. This pick is one of the largest uranium producers in the world, providing almost a fifth of annual global output. The company also provides processing services required to produce fuel for nuclear power plants.“

Only a handful of companies around the world mine uranium — and even fewer are available for investors. But as Jimmy points out, this can actually be a good thing. When momentum picks up and prices begin to rise, investors will have few options and could pile into his recent pick: Cameco (NYSE: CCJ).

Now, normally I don’t like to give away the names of Jimmy’s picks, since Maximum Profit readers pay good money for access to the service. But I’m willing to make an exception in this case because we’re talking about the commodities sector. Remember, this is a notoriously volatile space. I think it would behoove anyone interested in profiting from the tremendous rebound potential in commodities to have a set of proven buy and sell signals working for them.

Not only that, but uranium isn’t the only sector that’s caught Jimmy’s attention. A similar setup is happening in copper right now, too — and the Maximum Profit system has issued a buy signal on one of the biggest companies in this space.

If you haven’t given Maximum Profit a try, then I encourage you to consider it now. The system combines two indicators — one technical and one fundamental — to identify stocks with the most momentum. And by telling investors exactly when to buy and when to sell, it’s delivered gains like 82% in 48 days… 118% in 86 days… 266% in 12 months — and more. Not only that, but in honor of President’s Day, we’re offering one of the best deals for new subscribers you’ll see all year. You can go here to check it out.