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I hope you're playing this rally in copper. Yes, it's a China reopening story, but low global stockpiles are outweighing higher production. Resource Trader already got a pick that's roaring higher, and it's getting another one on Friday.

I wrote a column, published yesterday, about Value Stocks outperforming. You can read it here: weissratings.com/en/wealth-wav I first talked about this -- and how to ride that trend -- in January of 2022. Liz Ann Sonders published a nice chart this morning that also shows Value is outperforming

I wrote this for the MoneyShow. Good reading on a day that oil is rebounding sharply thanks to increased demand from China. moneyshow.com/articles/tptp202

I've been writing about the rotation from money-losing tech "growth" stocks to profitable value stocks since early 2021. The end of 2022 marked six straight quarters of (rough) declines for non-profitable tech basket tracked by ⁦
Goldman Sachs

Keep this in mind when House Republicans hold their "fair and balanced" hearings on the border.

Natural gas futures have plunged and are now hovering near lowest since beginning of 2022. Folks, that is deflationary.
Is this a buy signal? We'll know toward the end of the week. Oil looks more positive, thanks to the news that China is buying it hand over fist now.

That is a GOOD question. I guess no one wants to be first to say the emperor has no clothes.

I bought Verizon $VZ for my personal account this morning. It goes ex-dividend today and sports a yield over 6%. Importantly, the company seems to be turning things around after a tough year. We'll see how it goes.

Here's a table of Inflation Reduction Act investments in greentech for @ChristopherNoyesRoberts and other Greentech investors

Weekly U.S. dollar index tried to rally last week, but ended up giving most of it back. I would not want to be long the dollar now; my feeling is too many in the market are exactly that.

Weekly chart shows it underperformed last week. That's worrisome; silver was leading gold. There may be consolidation in the future. If so, look to the breakout line/former overhead resistance as support. Weekly momentum is still bullish, so not especially fretful

Hoody-hoo! Weekly chart shows breakout in , and on higher volume. Momentum is bullish and getting stronger. Glad to be long.

I expect to West Texas Intermediate to range 'tween $70 and $80 until something changes. It's in a downtrend, and Friday's price action didn't do it any favors. The Force Index, a momentum indicator I favor, is also short-term bearish. Bullish China news could change this picture

: I still send it to him. Because he's a charlatan, a grifter, and a rat bastard.

Haiku
Full Wolf Moon tonight.
I will be asleep by then.
Consider yourself mooned now.🌝

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RealSeanBrodrick

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