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Apr 18, 2023

Is Mueller Industries an Investible Stock Now?

Investor Mario Gabelli appeared on FinTV Wednesday morning and recommended

Investor Mario Gabelli appeared on FinTV Wednesday morning and recommended Mueller Industries (MLI) . He was "talking his book" but I decided to check out the charts of this manufacturer of copper and copper alloy products and other goods.

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Is a crackdown on the cryptocurrency market the outlier that stock traders didn't see coming because they were focused on inflation and interest rates?

The technical signals of the iconic food company seem lukewarm at best.

The producer of specialty metals has been climbing on its charts and that trend looks like it could continue.

The big question is, can the broad market, and small-caps in particular, continue to produce relative strength?

I suspect that the catch up trade that has finally gotten in gear is what will turn divided sentiment into one cohesive bunch of bulls.

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