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


To: Jacob Snyder who wrote (62920)6/16/2022 9:28:27 AM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

  Read Replies (2) | Respond to of 97431
 
Employment is such a lagging indicator though. We only started to hear about layoffs and hiring freezes this week even after all the carnage the last few months.
This morning's Philly Fed and housing starts are the ones that got my attention. The multifamily unit plunge was huge. Got homelessness??? I hear you can make tiny homes out of pallets on Pinterest.

SNB raising rates for the first time in 15 years is what spooked the market this morning the most.



To: Jacob Snyder who wrote (62920)6/29/2022 2:27:24 PM
From: Jacob Snyder4 Recommendations

Recommended By
ajtj99
kimberley
Lee Lichterman III
towerdog

  Read Replies (2) | Respond to of 97431
 
Copper needs to get back above $4, to be bullish. A rally which fails at $4 is very bearish, and new lows would follow. The 2019 price range was $2.5-3. schrts.co

Copper, inflation, PMI, oil, and copper miners are all highly correlated:

PMI vs copper: en.macromicro.me