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Good morning, Traders:
Gold is now pushing $4,050… Silver won’t slow down… and the world continues to see metals climbing higher.
Goldman Sachs has just stated that $10,000 per ton is the new floor for copper prices (it’s not), but this shows the enthusiasm surrounding all metal pricing.
The truth is… we’re in a supply crunch on copper… while China continues to stimulate its economy.
China’s a manufacturing economy - so any new capital flowing into its system adds weight to copper prices. That means, there’s ample opportunity to trade copper names in the coming days… I’ll show you how when we’re live at 8:45 ET.
What else do you get?
What a run we’ve had. A huge move on AMD from Friday’s runner… a big pop on PCT… And what about the solid run we’ve seen on AIG since it hit our Runner on October 1.
And we had a nice pop on Boeing (BA) yesterday…
What’s next? That’s exactly what you’ll get at 9 am when you join us live. You’ll get my breakout, breakdown, and top stocks to trade on momentum by joining the room.
I’ll give you a trade idea or two off this list… and you can take the profits if they come…
Earnings Preview…
Tomorrow, we kick off earnings season. We’ll have Delta (DAL) and Pepsico (PEP) reporting earnings within 24 hours. I want to give you a preview of what to expect, including insight on how to trade those names, and the rules you need to follow ahead of a very important earnings season.
Are you ready?
I’ll be live in 15 minutes. Click this link to access the free room.
See you soon,
Garrett Baldwin