It’s the weekly commodity edition of What the FICC?
I have to imagine Uranium stocks catch a bid if copper and gold are ripping higher.
Check it out!
Expert technical analysis of financial markets by JC Parets
by Ian Culley
It’s the weekly commodity edition of What the FICC?
I have to imagine Uranium stocks catch a bid if copper and gold are ripping higher.
Check it out!
by Ian Culley
From the Desk of Ian Culley @IanCulley
Commodity prices remain elevated despite easing inflationary pressures.
It’s evident in the two overarching themes across the commodity space – resilience at the index level and relative strength from metals.
I’ve been vocal about both, urging readers not to fight DR. Copper while teasing the possibility of Gold reaching 5K. I’m serious about both!
Strength likely spills over into the periphery if we’re in an environment where gold and copper print fresh highs.
That brings us to my favorite chart this week…
by Ian Culley
It’s the weekly commodity edition of What the FICC?
Every day we have the choice to either follow the news or follow trends. I choose the latter…
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by Ian Culley
Inflation has peaked!
Or so I’ve been told…
Rates are rolling over, undercutting their June highs from last year. High-yield debt, including emerging-market bonds, is catching a bid.
And major commodity indexes are on the verge of breaking down.
That all sounds logical to me.
But just because inflation might begin to ease doesn’t mean I’m taking a bearish stance on inflationary assets, especially commodities.
As crazy as that may seem, these next four charts support my case…
by Ian Culley
It’s the weekly commodity edition of What the FICC?
As a responsible investor, I refuse to ignore strength. That includes stocks making fresh highs, especially when they’re bellwethers!
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by Ian Culley
As a responsible investor, I refuse to ignore strength. That includes stocks making fresh highs.
Despite what you may have heard from the major cable networks, many stocks aren’t going down. In fact, many fit our definition of “strength.”
Out of all the fresh highs coming in, these three bellwethers take the cake…
by Ian Culley
It’s the weekly commodity edition of What the FICC?
The major commodity indexes look ready to roll despite sustained strength from precious metals.
Check it out!
by Ian Culley
From the Desk of Ian Culley @IanCulley
The Bloomberg commodity index $BCOM is breaking down, approaching fresh 52-week lows.
Somehow Gold and Copper didn’t get the memo. They must be too busy printing new highs.
But when we review other major commodity indexes (including our own equal-weight index of 33 individual contracts), they look poised to roll over.