Gold moves first. Copper follows. Oil moves last. That’s been the cycle for 40 years—and right now, copper is breaking out while oil hasn’t budged. You know what comes next. 👀⛽️

I thought energy was dead. $SHEL

From the government shutdown to views on the state of our political discourse, @brentbuc and @ChrisLaneMA cover the latest data from our National Voter Trends (NVT) poll. 🧵 on turbulence, turnover, and taking sides in America today...

This $TLT chart is a textbook example of the Fan Principle: Each declining trendline represents a stage of exhaustion in the downtrend. Break the last one, and the tide turns from defense to offense. Still has more work to do before I buy this rally.

If you want to hear what I think about the Fed...

OMG it’s fed day and the market is volatile… No shit.

An interesting development. $MAGS $IBIT

FOMC Live Reaction

There's so much alpha in this post. Way too much to be free. Be sure to take advantage...

Copper

Thanks brother!

Unlocked post: At first glance, they look like opposites. When one rises, the other falls. But that’s exactly the point. This is one of the oldest relationships in commodities: cattle and corn move inversely.

"A government which robs Peter to pay Paul, can always count on the support of Paul." - George Bernard Shaw

My 14 year old self would be proud. I’m about to play indoor soccer today for the first time in 25 years. lol ⚽

💯

Breakout Multiplier is sponsoring a happy hour in Bonita Springs tonight. Send me a DM if you are local and want to join us for some food and drinks!

Relatively weak breadth? Over the past 4 days: S&P up more than +2.5%. Each day saw less than 65% of S&P stocks advance. This only happened during the 1999 and 2020 melt-ups ⬇️

This sector’s been on fire all year. Now it’s pulling back to reload. Retest… and then boom. $XME

Copper miners $COPX are pressing against the same resistance they’ve hit since 2011. One more push, and this thing rips.

What’s a moving average.

When corn falls, cattle rise — and vice versa. Feed costs drive margins, and this chart shows that dance perfectly. There is a shift on the horizon as cattle prices hit a new 60 day low.