From the desk of Steve Strazza @Sstrazza and Ian Culley @Ianculley
The markets are a mess and have been a mess for months now.
Risk assets are under pressure as the USD strengthens and overhead supply thwarts potential rallies.
Yet, we continue to find pockets of strength in both stocks and commodities.
We’ve said it time and time again during the past several months…the markets are a bifurcated, choppy mess!
But during these challenging periods, identifying areas that are bucking the trend can prove valuable over intermediate- and longer-term timeframes.
Basically, the assets holding up the best or even breaking out while the broader market is trendless are likely to be your future leaders.
Let’s take a look at one area of the market doing just that! [Read more…]