A very busy day of results today, swamped in fact. The S&P 500 hits a new high prompting a conversation about how to spot the top of the market. A few other themes developing including discretionary retail having a boom on stimulus cheques that are going to run out. Another theme is the Chinese probe into Australian wine dumping which raises the possibility of all Australian stocks exposed to China moving to a discount rather than a premium. We add to our CSL holding this morning and add another two stocks to the growth portfolio. Lots of ideas around and I have started to put a few of them, those that don't make the portfolio, at the bottom of the strategy section. Enjoy.