Since we're slow....

I got this thing in the mail this morning discussing Sector Rotation whereby different groups of industry rotate in favour through a recovering and expanding economy. Theorectically the whole world is currently recovering and expanding.

The bulls take over in a prescribed order based on the anticipated next step in recovery. So it starts with transportation and passes through such things as technology and capital goods. Eventually it ends up on the top, in the longest period, with commodities and then consumer staples.

People are looking for profits and so they leap ahead when they see the economy improving. Copper comes around energy and with building supplies and lumber.

It is theorized that there was a dramatic shift in the market beginning in 2014 and the "late and final expansion of the bull market has begun." (Donald Dony) This should take months, not years.

This is why Elmer is forecasting the Fall as a good time to sell SC.

I was also reading something yesterday about the "copper surplus" that never was, and how the market hasn't quite figured out yet how to react to China hording and supplies dwindling elsewhere. There might only be about 100K tonnes of copper in the LME and eventually the price has nowhere to go but up.

My biggest regret (well, in a junior investing kind of way) is that right now we can't buy because a lot of things are going to go much higher this year and while we might sell SC in the Fall, we will miss a lot of bargains.