Copper
Bears Take A Big Swipe At The Copper Price!

Copper Price: How Low Can It Go? Copper producers just took another haymaker to the chin… With the copper price sinking to new multi-year lows this week, miners like Freeport McMoran $FCX and Southern Copper $SCCO are no doubt feeling the pressure. One look at a copper chart tells you all you need to know… […]
Copper: Mixed Signals Have Investors Snoozing…

As you may know, there has been plenty of volatility in the commodity market the past few months. Energy, precious metals, and grains have all experienced significant price swings since July. But one commodity has been asleep… … Copper. The red metal has been trading in a relatively tight, range bound pattern for months on […]
Copper Bounce – More To Come?

Ask anyone who watches the copper market religiously and they’ll likely tell you the same thing… The past four months of trading has been akin to watching paint dry. The red metal has been stuck in a downright boring trading channel between $3.15 and $3.35 a pound since mid-August. Take a look… As you can […]
Copper Is Ready To Explode!

Copper bulls take note. Recent Chinese economic data supports the idea that the red metal is underpriced. Let me explain… As you may have heard, China’s September service purchasing manager’s index (PMI) recently came in at 55.4. That’s a very bullish report since a reading of 50 or higher represents an overall increase in Chinese […]
Two Charts You Have To See!

Investors received some great news out of China this past weekend. The country’s August merchandise trade surplus grew to $28.5 billion, up from the previous month’s $17.8 billion reading. What’s more, Chinese exports grew to 7.2% year-over-year. That’s much higher than analysts’ consensus estimate of 5.1%. What’s it mean? Quiet simply, the Chinese economy may […]