Stocks keep making new highs, but commodities are telling a very different story.
The relative performance of commodities versus the S&P 500 is sitting near levels that have only shown up a few times in history. Those gaps didn’t last forever Source: SentimenTrader
BREAKING: U.S. stock market has wiped out $650 billion in market value this week.
Nasdaq -1.40% Dow -1.21% S&P 500 -1% While Bitcoin is up 7%. BTC has added $130 billion, and the total crypto market has added $190 billion this week. Remember the stocks are at all time high, while Bitcoin is still down -23% from its ATH of $126k. Source: Bull Theory
According to technical models, hashtag#silver $SLV should’ve stopped about 47 trendlines ago...
Source: Trend Spider
Hear that sound? Over $20 trillion in market cap quietly breaking down to new 4-month lows relative to the S&P500.
Source: J-C Parets
% of subprime auto loans that are 60 days or more overdue on their payments hit an all-time high of 6.65%
Source: Barchart
"Winner Winner": $CRML's Record-Breaking Day
Critical Metals $CRML, which controls one of the largest rare earth deposits in the world (also in Greenland), just soared more than 32% yesterday for one of its best days in history Source: Barchart
All semiconductors stocks say thank you Taiwan Semiconductors TSM
Source: Trend Spider
Average customer account size at Robinhood vs peers
The Sovereignty Trap: By offshoring industry to China for higher margins, the West traded its independence for cheap labor; China now controls the minerals essential for Defense, EVs, and tech. Resource vs. Currency: The ability to print money is irrelevant if China refuses to sell the raw materials required for survival and industry. The Great Rebuild: To regain independence, Western nations are aggressively reshoring industry, stockpiling minerals, and rebuilding infrastructure. The Irony of Tech: Building the "New Economy" (Silicon Valley, AI, Green Tech) is impossible without massive amounts of "Old Economy" materials like copper, lithium, and steel. Source: Topdown charts, LSEG, Lukas Ekwueme @ekwufinance
