Recently, there has been an interesting phenomenon — in the US stock market, the materials sector has quietly become a dark horse. Usually, everyone focuses on technology and finance, but this time the materials sector is the real winner. The S&P 500 Materials Index has already gained nearly 7% in January, making it the strongest performer.
Mining companies have taken the lead in this sector, driven by the rising prices of metals such as gold, silver, and copper. On Monday, the materials sector rose another 0.8%. If this increase holds, the index will hit a new high since October last year. By the way, the all-time high closing price is 616.97 points, set on October 18 last year. It now looks like it’s approaching that level again.
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SadMoneyMeow
· 11h ago
The materials sector is taking off, with gold, silver, and copper all dancing. The mining industry has really shown its strength this time.
Wow, a 7% increase. Is it finally the materials sector's turn to shine? What about technology?
Is 616.97 going to be broken? It feels like we're about to hit a new high again.
These mining companies are really tough and low-key profit-makers.
By the way, have you all jumped in? Is it still okay to buy now?
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TokenDustCollector
· 11h ago
The materials sector is truly outstanding this time. Gold, silver, and copper are all rising, and mining companies are taking off directly.
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MissedTheBoat
· 11h ago
Damn, the materials sector has been on a rally, and we definitely missed out.
Gold, silver, and copper are surging fiercely, but unfortunately, I'm still hesitating over tech stocks.
616.97 is about to break, I really need to catch up this time.
The materials sector is booming, and I'm still just watching from the sidelines.
Feels like I'm about to miss another hot opportunity, my mood is a bit崩 (collapsed).
Copper prices are so strong, mining companies are indeed stable.
Why am I always so slow to react, so frustrating.
A 7% increase, is this what we call a dark horse?
Gold is taking off, and I'm still sitting on the bench.
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ApyWhisperer
· 11h ago
Gold and silver are rising, and mining is truly attractive. Who was watching these before?
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Material sector up 7%? How come I just noticed now? Why didn't I do this earlier?
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616.97, time to try again. The copper price trend is serious this time.
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Wait, are mining companies this strong? Why didn't anyone hype them before?
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0.8% isn't much, but the key is whether there's enough momentum.
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Gold and silver rising together—what does this imply?
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A new high is imminent, but don't celebrate too early. Historical resistance levels are no joke.
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Interesting, tech and finance are sleeping, while materials are quietly taking off.
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Copper prices go up, profits follow—it's a straightforward logic.
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616.97... this number is a bit magical. Can it be broken?
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Mining companies holding the banner—are cyclical stocks about to rebound?
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Material sector dark horse? I think it's an underestimated sleeping lion.
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OnchainUndercover
· 11h ago
Gold and silver are taking off, everyone must be asleep now.
Recently, there has been an interesting phenomenon — in the US stock market, the materials sector has quietly become a dark horse. Usually, everyone focuses on technology and finance, but this time the materials sector is the real winner. The S&P 500 Materials Index has already gained nearly 7% in January, making it the strongest performer.
Mining companies have taken the lead in this sector, driven by the rising prices of metals such as gold, silver, and copper. On Monday, the materials sector rose another 0.8%. If this increase holds, the index will hit a new high since October last year. By the way, the all-time high closing price is 616.97 points, set on October 18 last year. It now looks like it’s approaching that level again.