As we have been highlighting, international #equity market breakouts across the globe - this is worth a look...
The more markets heading to new multi-year highs, the stronger the appetite for equities as an asset class.
$SPY $XIU $EWJ $EPI $FEZ $EWW $DXJ $ACWI
The market has been signaling what Goldman Sachs is suggesting today...there is upside in #materials pricing going forward and many underweight.
$SCCO another large cap #copper producer breaking higher. These are very large bases, suggesting significantly higher share prices…
Best cyclical hull markets of the last 30 years have been characterized by a low volatility regime. No sign of any pickup in vol at this time.