Coal is weak, oil is weak, agriculture is weak so far. If this theme continue I will getting short these groups via etf or individual names. Here is a list of favorites:
MEE, APA, MOS, POT, DUG, JRCC, XME
I’m not seeing indications on steel yet but I would think they trend lower. Remember UAUA? –it should run today. Over $10.50 breaks out, don’t chase, wait for pullbacks.