A Daily View Of Commodities

We anticipated a bounce in Commodities and here it is, on cue.  Emphasis on the word ‘bounce’.  We’ve got CRB to 187-189, if it is to be just a bounce.  Oil is unsurprisingly, similar to CRB.  The rest of the suspects are bouncing (NatGas), looking toppy (Copper) or burrowing southward (Uranium had a lot of excessive speculation to burn off).

commodities

As for some of the resources and materials to make America great again, the best is SQM (the only stock of its kind on which I am long), I assume due to its solid quarterly and its Lithium production.  XLB is stable but uninspiring and everybody else is suspect.

xlb

Here are the U miners seeking the SMA 200, Rare Earths played out for now and Lithium Fund (LIT) rising in search of the destiny first plotted out in this January NFTRH+ update.

ura

Finally, here’s a look at Palladium and its sickly big brother, Platinum.  Thing 1 grinds upward in a robo-trend and Thing 2 is floundering interminably.

pall, plat

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