CHART OF THE DAY: Copper Continues To Crash

09/01/22 07:53AM EDT

Below is a chart and excerpt from today's Early Look written by CEO Keith McCullough. 

In case you have friends who missed it by chasing MSFT and NVDA’s charts to lower #BubbleCap highs in JUL/AUG, Oil (WTI) and Dr. Copper have now #crashed -28.5% and -30.3% from their Inflation Cycle Peaks.

Was that “bullish for the NASDAQ” and Russell 2000 SMALL CAP (Short) Factor Exposures?

CHART OF THE DAY: Copper Continues To Crash - bnq

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.