Empirical Notes

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Weekend Rundown - April '21

www.empiricalnotes.com

Weekend Rundown - April '21

Raj Sharma
May 2, 2021
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Weekend Rundown - April '21

www.empiricalnotes.com

On a broader level, commodities have begun to outperform the S&P 500. Goldman Sachs Commodity Index closed above its long-term base, and copper is closing near its highs as it serves as an indicator of global growth.

S&P 500 vs CRB Index

Goldman Sachs Commodity Index

Copper

Nifty Pharma Closed at an all-time high monthly close. Keep an eye on the multi-year base breakout.

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Weekend Rundown - April '21

www.empiricalnotes.com
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