The Speculative ‘Resources’ Trade Breaks Upward

The market is speaking to us folks, and it is speaking about speculation in the long-repressed resources sectors.  Almost as if these things are going to be needed to build walls and towers.  Or maybe to build out a new round of global growth.  Whatever it is, the charts are the charts and as of now the resources trades look to outperform the senior indexes.

As to the title, that’s not me saying that; it’s the TSX-V saying that.

cdnx

It is TSX-V vs. TSX saying that.

cdnx-tsx

And it is TSX-V vs. SPX saying that.

cdnx-spx

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