The chart of the day is from James Quin via the Market Oracle that shows short term break outs in several key commodities. Is there a hint of future inflation here or is it yet another false alarm?

Seasonality vs. Cycles: October Is the Midterm Sweet Spot—If the Switch
Holds
-
October's reputation as a crash month misinterprets the presidential cycle
and midterm sweet spot playbook. Since 1950, the S&P 500 has averaged a
+3.0% ga...
15 hours ago