From the desk of Steven Strazza @Sstrazza and Ian Culley @Ianculley
It’s only six weeks into the new year and we’re already getting a sense that commodities could very well outperform just as they did in 2021.
Evidence supporting our commodity supercycle thesis continues to mount each day, as participation across the commodity space expands.
Crude oil is breaking above 90. Base metals like aluminum and tin are hitting new all-time highs. And the rally in grains is getting back on track.
All these things suggest that last year’s bull run wasn’t a simple “one and done” event.
One key difference between last year and today is strength among commodities is starting to spill over into commodity-related equities.
This is a critical development that supports our bullish thesis.
Today, we’re going to run through some stocks, highlighting the renewed strength from some of these underappreciated cyclical areas of the market.