Dan NILES just sold META and other TECH while going
long commodities like COPPER ALUMINUM Oil etc. Based on China
reopening. He is sure inflation will reignite and looks for
SPY 3000 later this year.
rbreese, I already see good values among resource stocks. I
posted about lithium double bottom. Chicago wheat put a
bottom last week. I am watching large oil producers to do the
same.
I see bottoming signs in SBSW (platinum miner), while FCX
(copper) will be a good trendline buy at $30, about 20% lower. Also
lower for AA (Alcoa, aluminum).
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Dan NILES just sold META
Posted by rbreese on 18th of Mar 2023 at 10:45 am
Dan NILES just sold META and other TECH while going long commodities like COPPER ALUMINUM Oil etc. Based on China reopening. He is sure inflation will reignite and looks for SPY 3000 later this year.
He might be a bit
Posted by junkie on 19th of Mar 2023 at 02:58 am
He might be a bit early in that trade. Inflation trade is dead at the moment.
Junkie I kind of agree
Posted by rbreese on 19th of Mar 2023 at 10:37 am
Junkie I kind of agree a bit early and may have a rally into esrly MAY based on huge pessimism for stocks.
rbreese, I already see good
Posted by junkie on 19th of Mar 2023 at 10:57 am
rbreese, I already see good values among resource stocks. I posted about lithium double bottom. Chicago wheat put a bottom last week. I am watching large oil producers to do the same.
I see bottoming signs in SBSW (platinum miner), while FCX (copper) will be a good trendline buy at $30, about 20% lower. Also lower for AA (Alcoa, aluminum).