Don’t Tug On Superman’s Cape April 09, 2020 You can put aside your fancy chart patterns, and your in-depth fundamental analyses. The Fed is now in charge of everything, and the Fed is buying. As the late Martin Zweig advised, “Don’t fight the Fed.” After 10 years of having stimulative interest rate policy, the Fed […]
Macro-to-Micro Analyst+Trader Forecast+Chase. Mostly Options https://t.co/MrMkwZYdvt https://t.co/GZILqexQ5C https://t.co/nkIPvSz3wJ… @LaDucTrading
Coal and Copper - we need these too right?
WW supply stress or hoarding? 🤔
Must not forget:
The harder China falls, the more collateral damage to US, including higher prices as we import fewer goods and more inflation.
METALS MARKET: The copper market is witnessing some **absolutely crazy** prices. The LME cash-to-3-month spread has surged >$1,000 per tonne, a record high. For historical perspective, the previous peak was $330 per tonne in 1996-97 during the Sumitomo's Hamanaka trading scandal
Fab value add 👇🔥
Happy Saturday! Here’s some reading ⬇️
This Weekend Edition covers
* Market - Confirmed Uptrend?
* Chart of the Week - Clean Energy ETFs
* Earnings thru Themes - $BLK $AA $TSM $JPM $TACO $DPZ $DAL
* Closing Thoughts - Allocation to Real Estate?
$UPST - some clients long since March. Not only recommended swing long strongly in Aug but updated regularly AND warned Oct 15th to trail stops at my $394 price target as it looked ready to 'trap longs'. 💃
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