The market is always confusing. It gives a mixed picture and we fail to read what the market is trying to price in but then comes a time when things look very obvious.
Here’s S&P 500 today in free fall 🙁
But there is a bull market taking shape and there are a set of stocks that are ready to zoom higher. A new trend is taking shape and the bullish trades are now a no-brainer. If 2020 was the start of the bull market in pandemic and tech stocks, 2022 is the start of the inflation trade.
Inflation Trade ~ Crude Oil, Uranium, Coal, Gold and Silver
The first bull market started in Oil stocks
It didn’t matter and every stock in the space is up 20% in 1.5 months be it Exxon Mobil, Chevron, or Occidental Petroleum. Even Oil services stocks have made big moves.
The disruption in the Energy market has resulted in huge gains in Nat Gas prices and its benefiting alternative fuel sources be it Coal or Uranium
CCJ Uranium mining play
Coal Mining company BTU
And now even precious metals have joined the rally be it Gold/Silver
Gold mining company GOLD
Gold mining ETF
Silver mining company AG
Trade Sheet:
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purposes. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers
Is it a good time to be investing in Gold, Silver and other precious metals?
Yes