The QQQ has roared higher today and many stocks like AMZN are on fire, but unless you were positioned in it before today, you probably don't feel like chasing it up here.

This is a classic problem with trying to catch market leading stocks - they're obviously the right stocks to be in when the market is in a bullish mode, but they're not always "obviously the next leader", before the market hits new highs!

Additionally, a common way of measuring the strength of a bull market is to track the number of stocks trading at new 52-week highs, but then what comes first - lots of new highs or a strong bull market trend?

Unfortunately, the answer is... "it depends".

Fortunately, the list of new 52-week highs is not the only place to find great market leading stocks.

In this video I'll look at all of these issues - a new high/low indicator for the market, stocks at new highs that are good market leaders, and stocks that are leaders before they hit their new 52-week highs.

Video Length: 00:15:36