Trade Setup Gets Back To The Basics (PREMIUM)
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Basic Resource Stocks Clear Another Major Hurdle
Basic resource stocks continue their strong rally, breaking a 9-year downtrend. We have mentioned on many occasions the recent relative strength shown by stocks…
Are Materials Stocks Building Foundation For Major Breakout?
A potentially bullish long-term pattern has developed in the basic materials sector. Among the main beneficiaries of the post-election “Trump Trade” has been anything related…
DuPont Cooking Up An Epic Breakout?
The stock of DuPont may be putting the finishing touches on a multi-decade cup-and-handle formation. In yesterday’s post on the not-quite-new high in the NYSE…