Chemical Activity Index Indicating Further Expansion by Todd Sullivan, ValuePlays
The Chemical Activity Index (CAB) at 97.7-equity prices should continue higher. Chemicals represent the basis of many products, too many to even think of listing them all. This precisely why the trends in the CAB are tightly correlated to economic activity and the equity markets. The current trend is still in a relatively steep rise. We should expect equity prices to rise for the next 12mos or so.
If there is an acceleration in mtg lending, we should see the CAB uptrend to accelerate considering the quantity of plastics used in home building.David Einhorn At The 2021 Sohn Investment Conference: Buy These Copper Plays
There's a gold rush coming as electric vehicle manufacturers fight for market share, proclaimed David Einhorn at this year's 2021 Sohn Investment Conference. Check out our coverage of the 2021 Sohn Investment Conference here. Q1 2021 hedge fund letters, conferences and more SORRY! This content is exclusively for paying members. SIGN UP HERE If you Read More