| Editor's Note: Every trader wants to find "The Big Trade." Which is why we recently unveiled a new strategy we think you'll love. Our MTA contributor JC Parets is revealing a special type of trade he's calling "The Vertical Trade" that could deliver massive gains. He even discovered a way to track them that resulted in 42 "vertical trade" opportunities every year. That's almost one trade per week! Click here to unlock JC's next "Vertical Trade." - Ryan Fitzwater, Publisher
"The most important exchange? Look no further than the NYSE." JC Parets, CMT, Founder, TrendLabs Have I told you about that time Sean and I got kicked out of the Tokyo Stock Exchange? I'll save that story for another day. But I will say this: The coolest part about the Tokyo Stock Exchange is not the exchange itself. It's that it's in Japan. And the food there is amazing. There's a 7-11 next to the Philippines Stock Exchange in Manila that includes a secret passage to a speakeasy. Outside the Bombay Stock Exchange in Mumbai, they actually have a giant bronze bull, just like the one on Broadway in New York City. There are plenty of stock exchanges around the world with plenty of secrets and surprises. That I can tell you from experience. But there is nothing like the New York Stock Exchange. And it's not even close. I don't just mean in terms of architecture, history or what it represents. I'm talking specifically about the stocks that trade on the exchange. The most important stocks on the planet trade on the NYSE. In fact, a large percentage of the biggest 100 listed companies aren't even American. You're getting a lot more exposure to international stocks, small-caps, and mid-caps. And there are more economically sensitive areas like Financials and Industrials represented that you won't get on other exchanges, such as the Nasdaq. If you take all the stocks on the NYSE and create a composite index, this is what you get: And the NYSE Composite Index just put in its highest-ever monthly and quarterly closes. Never has the index comprising all the stocks listed on the most important exchange in the world been this high… ever. One thing we know for a fact is asset prices trend. And when indexes are making new highs, there's a much much higher likelihood we see more new highs… and then even more after that. Who's No. 2? We can go back and forth about whether the Dow Jones Industrial Average or the S&P 500 – or something else – is the most important stock market index. That's a valid debate, for sure. But the most important exchange? No one disagrees. The NYSE is it. So, fine. Who's No. 2, then? After much debate and deliberation, I think it's probably the exchange just uptown from the NYSE. It's the one buried in the middle of Times Square. Sorry Frankfort Stock Exchange, it's the Nasdaq. Let's be real: The U.S. is just that dominant when it comes to capital markets. The NYSE is No. 1. And No. 2 is the Nasdaq, just up the road. Here's the index of all the stock listed on that exchange: The Nasdaq Composite just hit new all-time highs on a monthly and quarterly basis too. The Nasdaq is different from the NYSE in meaningful ways. You're not going to get all those Banks and Energy companies up at the Nasdaq. | 
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