In Today's Masters in Trading: Live The biggest story this week is the Chinese economic stimulus package’s domino effect on the global financial markets. And we need look no further than some of our favored sectors here at Masters in Trading to see the true potential for profits. Two sectors we frequently trade have been outperforming the broader markets this week – precious metals and mining materials. The Dow Jones and S&P 500 have each hit record closing highs as mining stocks and metals like copper surge. In fact, one global stock index marked a record high as copper prices hit their strongest level in 10 weeks. Right now, copper and lithium are leading this massive global rally. However, there are several other untapped resources that are also running higher this week… and I don’t want us to miss out on the lucrative opportunities emerging during this global stock run. Yes, all eyes are on China right now. However, I don’t want us to lose sight of the bigger picture here. We’re in the midst of a global rally driven not just by the Chinese stimulus, but by a whole wave of measures designed to ease the financial status quo we’ve seen over the last four-plus year. The Fed’s easing of interest rate pressure was just the start… and I believe the rally we’re seeing is part of a much larger cycle taking shape around the world. It’s all reciprocal… Any rally in Chinese mining and commodities stocks heavily influences where the rest of the markets will head. I think we’re in it for a longer-term rally in these sectors... and we’ve got to play the long game to truly benefit from the movement we’re seeing. In this morning’s Masters in Trading Live at 11 a.m. ET I’ll discuss the stocks I see benefiting most from China’s economic pivot, and I’ll explain the long-term opportunities I see emerging from this global economic shift we’re seeing. Remember, the creative trader wins, |
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