This has to be it right?
How is this one not the world’s most important chart?
With the US 10-year Yield hitting the highest levels in 15 years, Crude Oil has caught a bid lately hitting the highest levels all year.
Are yields going to hold these new highs?
Will Crude Oil be playing catch-up here?
Or do these trends fail as we enter Q4?
These are the questions we want to ask, especially from what is arguably the most important chart in the world right now.
But here’s the thing, if Crude Oil and Rates are going higher, what about the rest of commodities?
How come Copper isn’t catching that bid?
Copper is still a mess and looks a lot more like the predicament that the overall stock market currently finds itself in.
But while messy markets persist, for the most part, there are clear winners out there.
Here’s one company who is clearly benefiting from all this – CBOE hitting new all-time highs:
While so many are complaining, some are doing something about it.
Clearly CBOE is winning.
What about you?
What are you doing about all this to put yourself in a better position?
Join us tonight for the opening night of Chart Summit 2023.
We’ll get going LIVE @ 4:30pm ET and we’ll run until 7.
Then tomorrow morning we’ll hit it hard starting at 8:30am ET hearing from some of the best traders and analysts in the business all day until 5:30PM ET.
Best of all: this year’s VIRTUAL conference is FREE.
Register here and I’ll see you in there!