Awaiting CPI Thursday; Expect 4100-4165 SPX to Cap Upside; Buy Ideas Within Gold Miners, Insurance
With yesterday's break above 3910 in $SPX we see a tradable rally, but 4100-4165 is likely to cap upside; reduce risk into that area. Buy ideas...
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Sticking With Commodity and Defensive Sectors; Buying Coal, Steel, Gold Stocks
Crude oil and the Bloomberg Commodity index $DJP are breaking out from 1-month consolidations, signaling upside continuation. Stick with the...
487 Views
EM Metals and Mining:Â Active Fund Ownership Surges to 7-Year High
Surging fund inflows have pushed average holding weights in Metals and Mining stocks to their highest allocation in over 7 years.
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Credicorp (BAP US); Hanging on a Binary Election Outcome
Peru's presidential election, set for 6th June, will provide a binary outcome with clear market implications. Far-left candidate Castillo's lead is...
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U.S. Equity Strategy: Upgrading Materials To Overweight
We continue to have a bullish outlook and we believe the path of least resistance remains higher. Perhaps the most important thing which supports...
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