Hey, it could be back to the future where value stocks will take over for growth stocks or it could simply be a reset of the overdone froth that the Tech play had built up. As of now that short-term froth is out of the market and leadership is intact to the 2020 accelerated uptrend. Regardless of what Tech does from here I remain no … Continue reading Froth is now out of Tech leadership
Interesting charts this morning, pre-US open. Let’s start with the metal that has been the star lately. That would be the good Doctor Copper. Daily copper took out what I had called a bull pivot at 2.85, with ease. Yesterday it banged against long-term, round number resistance at 3 (see monthly chart below). Volume is piling into the trade and it is bullish until it … Continue reading NFTRH+; Metal Futures & Ratios for Short & Long-Term Perspectives
