Republicans are the party of cruelty. https://www.commondreams.org/news/social-security-house-republican

U.S. Inflation Surprise Index tracked by ⁦Citi⁩ has fallen to lowest since July 2020 #CoSoFinance

To read later. https://www.ancient-origins.net/history-famous-people/sword-fighters-0017794

“You cannot come up with a more bullish concoction for commodities," says Jeff Currie, of Goldman Sachs. "Lack of supply is apparent in every single market you look at, whether it is inventories at critical operating levels or production capacity exhausted.” #CoSoFinance https://www.mining.com/web/goldman-sees-bullish-concoction-for-global-commodities/

This is a terrible idea. https://www.cracked.com/article_36626_cnn-wants-jon-stewart-or-bill-maher-to-be-its-gutfeld.html

Empire State Mfg came in way below expectations at -32.9 vs -8.6 est. Price components are falling quickly on both a current & expected basis, now down to late 2020/early 2021 levels. Good for inflation, not good for activity. This might get the Fed's attention. #CoSoFinance

A good read: The Long Term Wins #CoSoFinance https://t.co/8VBWKplP3T

Why have so many American men given up on work? https://www.cbsnews.com/news/labor-force-why-have-so-many-american-men-left/ This story doesn't really answer it. I think millions of factory jobs being shipped overseas may be part of the reason. Now, many companies are shipping those jobs back. #CoSoFinance

The surprise bull of last week was #solar, here tracked by #TAN. Nice rally on strong volume bounced it off the 200-day MA and pushed it above the 50-day MA. It's near overhead resistance, so keep an eye on that. Good luck, all. #CoSoFinance

The action in #platinum was disappointing last week. All the other girls (#silver, #gold, #copper) jumped out the convent windows and ran off to the dance, while platinum sits quietly. But a weekly chart shows the new uptrend is not broken. In fact, last week may have just been a test of the breakout. #CoSoFinance

#Silver looks less impressive than gold right now, which means all I believe about silver leading gold higher is a cruel lie. Just kidding. Anyway, I believe a breakout is coming in silver. You can see the potential on a daily chart. We make take additional positions ahead of it. #CoSoFinance

I can't emphasize how bullish #gold looks right now. The close over $1,900 on Friday on high volume should have set off alerts. Look at this weekly chart. Gold pushed through two levels of overhead resistance. My shorter-term target is $2,139. I have higher longer-term targets. #CoSoFinance

Sunday is chart day for #CoSoFinance. Let's start with a couple #crude #oil charts. On the daily, you can see the big bounce. It's very promising. But the weekly downtrend still hasn't broken. I'll hold off recommending new oil positions until that downtrend breaks. Though I admit some oil stocks look stupid cheap

Interesting: https://twitter.com/FrankFigliuzzi1/status/1613269506821963776

U.S. economic growth is expected to decelerate sharply this year, lagging the pace of global expansion, as one of the most aggressive monetary tightening cycles in the country's recent history weighs on activity, the World Bank said. Real gross domestic product growth in the world's largest economy is forecast at 0.5% in 2023, 1.9 percentage points below the World Bank's previous outlook, while global economic growth is projected to slow to 1.7% from 3%. The market is not selling this news. Hm.

Value is shifting into higher gear and leaving Growth in the dust. Here’s an update of the chart I showed you last January, tracking the ratio of the Russell 1000 Value Index divided by the Russell 1000 Growth Index: https://weissratings.com/en/wealth-wave/why-value-stocks-will-continue-to-steamroll #CoSoFinance

Two Bloomberg stories on gas stoves, published one right after the other, with headlines that say different things. Make up your mind, Bloomberg!

In my Youtube music rotation today. Have a great day. https://youtu.be/hIs5StN8J-0