Recently, the communications sector has powered stocks to new all-time highs as technology's sibling sector. Technology itself exploded to new all-time highs, reinforcing the thesis that we remain in the early stages of a new bull market.

Investor sentiment has been a paragon of teflon-coated indifference to a run a troubling news headlines over the summer, and there are few signs that potentially bearish developments are starting to resonate.

Oracle Corp. reported brilliant fiscal first-quarter results as the company’s remaining performance obligations jumped 359% to over $455 billion, an amazing $300 billion increase during the quarter...