Reflation vs Real Yield Plays in Metals
Gold, silver, copper, steel… what are the setups and why are they moving?
Gold, silver, copper, steel… what are the setups and why are they moving?
Which one is the one to be in, how are people reacting to both of these asset classes today, and is there an opportunity to make money?
The S&P and Dow have been consolidating and stuck under resistance, while the Nasdaq remains soft. The divergence is striking but I think it’s a good time to use ‘Sell in May and Go Away’ to pick up some stock. Let’s look at HACK, NKE, FTNT and more.
The best way to know where our attention should be is to find where the structure is now.
May is a great time to identify long-term stock picks when the market has pulled back. I like the cybersecurity sector right now, for a couple of reasons. Let’s look at HACK, CRWD, and NET for my parameters.
While most traders will buy indices and metals, it’s often the grains and meats that get the cold shoulder, and right now that would be a mistake… grains, energies, and meats are on the radar.
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
Let’s check out five stocks that are set to play well with the market into next week and let’s discuss the possibility, and what to look for, that we could see a major rotation.