10 Charts That Matter
gmgresearch.substack.com
S&P 500: The most important chart right now. Watch the 5400 level.
Homebuilders and Banks are continuing their strong outperformance.
Copper is completely washed out. Now at the 200ma, good R/R here.
Exxon: “We will drill baby drill”.
Bitcoin: Both presidential candidates will push it as a strategic US reserve.
Don’t look now, but Alibaba is starting to show signs of life.
Japanese yields want to go higher from here. Especially if the dollar continues to weaken.
ASML at hard support and one of the strongest semis. Long-term play.
ARM: Look to add on serious weakness near $130.
IMPORTANT
To get on our private list, email us at gmgmacroresearch@gmail.com with the subject “Private list” and how you found us. Soon we will be cutting down our subscriber list. Thank you for your continued support.
Return always wants its risk payment.
NOT INVESTMENT ADVICE. Only for entertainment.