The copper-gold ratio chart is breaking down to multi-year lows, a potential warning sign for stocks given the disparate economic growth sensitivities between the metals. Correlation data between copper-gold and the 10-year also implies risk is to the downside for yields. pic.twitter.com/btXLEB5Ydd — Adam Turnquist, CMT (@adam_turnquist) May 11, 2023 Today’s Chart of the Day […]
Chart of the Day – Tuesday, January 10th, 2023
It's not a coincidence that charts for emerging markets and copper happen to look great at the same time. $EEM $VWO $HG_F $JJC $COPX pic.twitter.com/Z8jR6eriI6 — Brian G (@alphacharts) January 10, 2023 Today’s Chart of the Day was shared by Brian G (@alphacharts). The chart shows Copper Futures & Emerging Markets ($EEM) over the past […]
Chart of the Day – Thursday, October 14th, 2021
When are they going to inflation adjust the penny? #copper #Breakout pic.twitter.com/DSpPQsj2o3 — Phillip Streible (@PStreible) October 14, 2021 Today’s Chart of the Day was shared by Phillip Streible (@PStreible). It’s a daily candlestick chart of Copper futures over the past eight months. Stocks rocketed higher today, but the real MVP was Copper. It’s up nearly 7% in the […]