May 27, 2021, 9:36 am EDT
Outdoor is the Key
Outdoor is the key for the markets now. Our portfolio holding in Vista Outdoor Inc (VSTO) is up +6% now that makes unrealized gains up to +27% since 04/27 a month ago. It reflects strong sales for the post-COVID-19 era. Other outdoor retailers DKS, BGFV also made a 52-week high with strong performance recently.
Another strength is from the space industry, led by Boeing (BA) +4%. Industrial GE +4% also made a gap-up breakout.
Commodities in copper, steel, and material are still red hot that could climb higher with the falling US dollar.