🔎 Aerospace Looks Fantastic

Precious metal miners have topped the rankings for a long time - and it's no surprise because it's a raging Gold bull market.

These companies trade very closely to the price of Gold, so when it's trending higher they have an immense tailwind.

But what happens if the price of Gold stops going up? The mining stocks will do the same...

Gold has hit our second long-term target, which is the second Fibonacci extension level from the entire 2010s bear market. This would be a logical place for Gold to digest its gains and for the miners to do the same.

And then on the contrary, a group that looks ready to break higher is Aerospace & Defense $ITA.

This ETF has been trading sideways since the election, but now it looks ready to break higher.

While the broader market is still stabilizing after a volatile beginning to the year, there could be noticeable rotation taking place beneath the surface, with new leaders arising.

I think Aerospace & Defense is a great example of that.

While precious metal miners might be taking a breather, and new leadership emerges in places like Aerospace & Defense, it’s more important than ever to stay nimble and tactical.

That’s exactly what Kenny Glick does every day in his Hit The Bid trading room—spotting rotation, momentum, and setups before the crowd catches on.

Today, Kenny opened the doors to the public—for free. If you want to trade with him daily and catch the next move before it happens, call Mary at 323-421-7910 or email mary@stockmarketmedia.com to lock in a 15% discount before it closes.