Source: Google Images
You likely heard it this morning…
Stocks Surge After JPM Hears “Whispers of CPI Below Expectations…”
We said, “JPM must have good ears. Who whispered it?”
Our friend, said, “God.”
We said, “JPM has the best contacts.”
While it all sounds a bit like sitting in the high school cafeteria, the stakes are much higher this time. Truth be told, we prefer to focus on BIG BASES and our favorites are in the Industrial Metals sector. We’ve highlighted these charts before, but it seems a good idea to review them again because if investors are focusing on market gossip, they might not focus on these BIG BASES. All are buys.
Industrial Metals Index – Brobdingnagian BASE & Breaking Out
Copper – Preparing to Break Out
Freeport-McMoRan – Preparing to Break Out
Anglo American – Thisclose to completing its Brobdingnagian BASE
BHP Group – Brobdingnagian BASE & Breaking Out
Glencore – Brobdingnagian BASE & Breaking Out
LME Aluminum – Brobdingnagian BASE & Breaking Out
LME Nickel – Brobdingnagian BASE & Breaking Out
LME Zinc – BASE & ThisClose to a Breakout
SPDR S&P Metals & Mining ETF – BASE
