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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (41626)11/2/2021 3:04:47 PM
From: ajtj99  Read Replies (2) | Respond to of 97450
 
China is still slow due to the power shortages. There were reports today that the slowdown is in part due to buyers balking at higher prices for export goods. Part of the component for higher prices is the price of power.

A slow China in the production of goods and the real estate sector is going to be reflected in the price of commodities.

The US is really the only place where manufacturing is still going gang-busters right now.



To: Sun Tzu who wrote (41626)11/3/2021 12:53:29 PM
From: Sun Tzu  Read Replies (1) | Respond to of 97450
 
There are hardly any charts to support commodities and related stocks. PDBC is now in full bend mode.
XPO (ok, not a commodity play but still in the ballpark) had strong earnings and still gapped down big.