The three major U.S. stock indices have risen again, marking the ninth consecutive day of gains. They’re showing remarkable resilience—no matter how hard they get hit, they just don’t go down.

Recently, there’s a sector worth keeping a close eye on—non-ferrous metals. With the U.S. dollar index weakening at an accelerated pace, historical patterns suggest that non-ferrous metals and gold will have strong earnings certainty. This round of the non-ferrous metals cycle might really be starting.

In theory, a faster appreciation of the RMB should accelerate foreign capital inflows, which is positive for the capital markets. But as for A-shares, you know how it is—they always seem to be treading water, just taking retail investors on a rollercoaster ride.

That said, it’s important to keep a steady mindset. If you’re holding quality assets, don’t sell in a panic. Markets always fluctuate—the key is to use the volatility to lower your costs. Get through the winter, and spring will naturally arrive.