Fed should have cut rates, this is not the 1950's when American did much more manufacturing. Using same playbook from the 1950's , just like dow theory which is not relevant to the same degree
What is weird, oil is causing inflammation, and the Fed raises rates, which hurts the lower class months from now, but it is not bringing more oil online or reducing its price because this is a shortage not due to fast economic growth.
@MarketMike So you are saying this is a top or close to top in copper, so short it heavily. Or copper could run for another year or so, correlation not causation
@jam_croissant Your post is not accurate. So your saying every single stock will go down, or the major averages will be down. Or you just want to get attention.
@TLAMB91@DeepInference Usually if we are close to a top or bottom the trade goes in favor of the other direction, oil is underpriced today but midterms later this year make it tough. Good luck to all with a trade here