Today’s Chart of the Day was shared in an article by Willie Delwiche (@WillieDelwiche). The chart shows Copper futures (top), Emerging Markets (middle), and Emerging Markets vs. the S&P 500 (bottom). Copper hit its highest level in more than two years yesterday. In the article, Willie explains, “Copper strength tends to bode well for Emerging Market […]
Chart of the Day – Monday, July 13th, 2020
Approaching +30%, Copper’s rally over the last 3-months exceeds the 95th percentile of all historical observations. Overbought to be sure, but more reflective of the momentum surge often found in the early makings of a trend change. pic.twitter.com/moAGgsJXkK — Strategas (@StrategasRP) July 13, 2020 Today’s Chart of the Day was shared on Twitter by Strategas […]
Following the Leaders in Asia
In general, World Equity markets have been grinding consistently higher since October with very little volatility. In the past week or so this has changed as many Indexes in Asia, particularly China’s Shanghai Composite, have endured some real structural damage. While the recent pullback is being attributed to the onslaught of negative headlines related to […]
Chart of the Day – Thursday, October 31st, 2019
No alarming divergence on global markets right now (such as the one that preceded the crash in late 2018). @MacroCharts @TihoBrkan @topdowncharts @McClellanOsc pic.twitter.com/QgRi24ng5t — Tomasz Hońdo (@HondoTomasz) October 31, 2019 Today’s Chart of the Day was shared on Twitter by Tomasz Hondo (@HondoTomasz). The chart compares the performance of the S&P 500, Developed Markets […]