Are Stocks Due For A “Wake Up” Call? These Charts Say “Yes”

While there are no guarantees in the markets… sometimes you get a significant “tell” from related assets.

With that in mind, let’s take a look at some charts comparing various economic growth asset classes vs. the S&P 500.

Take a look at Copper vs. the S&P 500:

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Here are industrial metals vs. the S&P 500. 

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Here’s Lumber (another “growth” sensitive commodity) vs. the S&P 500. 

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Looking at these three charts, it would appear stocks are due for a “wake up call”. Food for thought on this Friday.