Discover and read the best of Twitter Threads about #lumber
Most recents (8)
Thought of the day: How many don't understand they own #cyclical equities? And the cycle peaked out in 2022 for 90% and contagion is the order of the day in 2023? #natgas #lumber #coal #oil #uranium #ironore #tin #nickel
#cyclical means you exit as the cycle matures .....that was 2022 if not 2021 for 80% of #commodities. Then 60% will experience a 55-75% fall in spot prices. Then one revisits in 2H 2023 or 2024 for reentry. If one holds through the cycle they don't understand what they own.
🗓 Daily #Macro & Market Recap 📰 Let's dive into a quick thread recapping some of today's market moving events 🗞, data 📝, & charts 📈📉 for Friday (03/03/23)… 🧵/👇🏼
$SPY $SPX ⬆️✅
$QQQ $NDX ⬆️✅
$DIA $DJIA ⬆️✅
$IWM $RUT ⬆️✅
#stocks #StockMarket #bonds #macro
$SPY $SPX ⬆️✅
$QQQ $NDX ⬆️✅
$DIA $DJIA ⬆️✅
$IWM $RUT ⬆️✅
#stocks #StockMarket #bonds #macro
1/🧵 Daily #StockMarket Sector Performance:
🍽 $XLP ⬆️✅
🏥 $XLV ⬆️✅
🏘 $XLRE ⬆️✅
📡 $XLC ⬆️✅
🛢 $XLE ⬆️✅
🏭 $XLI ⬆️✅
🤖 $XLK ⬆️✅
🏨 $XLY ⬆️✅
🏦 $XLF ⬆️✅
🪵 $XLB ⬆️✅
⚡️ $XLU ⬆️✅
🍽 $XLP ⬆️✅
🏥 $XLV ⬆️✅
🏘 $XLRE ⬆️✅
📡 $XLC ⬆️✅
🛢 $XLE ⬆️✅
🏭 $XLI ⬆️✅
🤖 $XLK ⬆️✅
🏨 $XLY ⬆️✅
🏦 $XLF ⬆️✅
🪵 $XLB ⬆️✅
⚡️ $XLU ⬆️✅
2/🧵 Daily 🇺🇸 🏦 Treasury Market & Currency Performance: 💵💴💶💷
$DXY ⬆️✅
$TLT ⬆️✅
$HYG ⬆️✅
3mo ⬆️✅
2yr ⬇️🔻
10yr ⬆️✅
30yr ⬆️✅
#bonds #interestrates #Currencies #macro
$DXY ⬆️✅
$TLT ⬆️✅
$HYG ⬆️✅
3mo ⬆️✅
2yr ⬇️🔻
10yr ⬆️✅
30yr ⬆️✅
#bonds #interestrates #Currencies #macro
Thought of the day: Fighting #commodity price tops will just result in 75% plus stockprice retracements, #cyclicality music always stops, grab a chair early to avoid serious regrets and portfolio destruction. Easy clue to follow, is 65-80% margins above cost curves are peakish.
Those #commodities that are currently near bottoming (0-20%) for the next up cycle 2H2023-2025....
#tin -65%
#ironore -66%
#nickel -60% (moving up)
#Lumber -72%
#zinc -40%
#HRCSteel -67%
Know where you are in the cycle....
#tin -65%
#ironore -66%
#nickel -60% (moving up)
#Lumber -72%
#zinc -40%
#HRCSteel -67%
Know where you are in the cycle....
1st Quartile candidates for the next cycle...
#Lumber thoughts:
seems like we are going to break the all-time high.The industry largely accepts this. $2000/mbf is on everyone's mind.
Why? Some are caught short...again...BUT most folks did good job buying but have gotten absolutely hosed by rail logistics out of Canada 1/x
seems like we are going to break the all-time high.The industry largely accepts this. $2000/mbf is on everyone's mind.
Why? Some are caught short...again...BUT most folks did good job buying but have gotten absolutely hosed by rail logistics out of Canada 1/x
There are stacks of lumber piled up at the producer that are stuck there. 100% of sold, and likely sold at numbers below $1000. But rail cars can't get to the producers to get loaded. Maybe 8 weeks behind now? 2/x
So, spring jobs are starting to call for material. Local lumber yards have to scramble to buy whatever is available in spot markets to buy time to get their cheaper lumber delivered. 3/x
Daily Bookmarks to GAVNet 05/05/2021 greeneracresvaluenetwork.wordpress.com/2021/05/05/dai…
The Virtual Lives of Children: A Screen-Time Pandemic?
morganstanley.com/articles/study…
#children #ScreenTime #RemoteLearning #consequences #research
morganstanley.com/articles/study…
#children #ScreenTime #RemoteLearning #consequences #research
Researchers are closing in on long covid
economist.com/science-and-te…
#research #COVID19 #LongHaulers #PostCovidSyndrome
economist.com/science-and-te…
#research #COVID19 #LongHaulers #PostCovidSyndrome
Me reading the revisions on the last new home sales print 🇺🇸💪🏽📈🔥
Remember when people were worried about a W recovery 😏🤣, I don’t think this was it. Honestly, this last report was so good I want to see if it sticks because the new home sales report can be wild month to month—however, those revisions 🔥.
Why do I think #Gold, #Bitcoin are about to tumble? Because of my cross-market-analyses approach with >100 charts pointing to a deflationary bust AND the Elliott Wave structures for Gold, Bitcoin and USD. Let's try investigate 1) Deflationary Thesis and 2) Elliott Wave-structures
The Deflationary Thesis is due to the patterns shaping up in all commodities. Commodities drive inflation. First GSCI Commodity Index - a very clear Ending Diagonal Triangle (Descending Wedge). Calls for DEFLATIONARY BUST before MAJOR SECULAR BOTTOM. TheZebergReport.com
#Wheat which is part of #Commodities setting direction for Inflation. Same pattern! Descending Wedge. Calls for Deflationary Bust - before Major SECULAR BOTTOM. Deflation before New Inflationary Regime! TheZebergReport.com
#US #IndustrialProduction numbers were released yesterday for Apr-end. The picture isn't pretty. Showing below how bad it was in the last 2 months in actual numbers. (comparing Feb-end with Apr-end; Grey areas show previous recessions). The index itself declined 15.3% (1)
PART1: Industries underperforming the IP Index
1. #MotorVehicles & Parts - down 80% in 2 months. It's the LOWEST since 1972. (2)
1. #MotorVehicles & Parts - down 80% in 2 months. It's the LOWEST since 1972. (2)
