This chart from today's Early Look by Keith McCullough shows two top-performing ETFs – Shipping (BDRY) and Cannabis (MSOS) – compared to the S&P 500.
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Of the Top 3 Commodities you could have been long in ETF terms, we were long ALL 3 in Portfolio Solutions:
- Shipping (BDRY) was up 11.8% for us last week
- Cannabis (MSOS) was up 6.8% for us last week
- Cannabis x2 (WEED) was up 6.8% for us last week too
So we’re seeing a “Broadening Rally” all right … just not in the things that Old Wall consensus keeps trying to “make the call on” (like the Russell 2000, which was down 0.8% last week despite our Signal moving from Bearish to Neutral).
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