trend

The trend is worth monitoring even for investors not so preoccupied with the Big Tech trade, because the largest technology stocks have an outsize impact on the S&P 500’s SPX performance.

“Unlike prior crashes, driven primarily by retail speculation, this year’s downturn has occurred amid substantial institutional participation, policy developments, and global macro trends,” they said.

Copper assets are highly prized right now because of their importance to booming electrification trends and diversification away from fossil fuels, as well as new applications from data centers for artificial intelligence.

Others may have just latched onto an emerging trend for attention.

Olefin prices are at multi-year lows, and product spreads continue to trend lower, he adds.