All Entries Tagged With: "Copper"
Copper Update
Copper for May delivery is down marginally today at $4.20/lb. The market has fallen almost 10% in the last month and is very close to a 3-month low. China’s Copper and related purchases in February declined 35% month over month. The country has been stockpiling Copper for months and declines are to be expected. Yet, [...]
Copper Update for CMEGroup
Copper has been weak lately but has rebounded $0.12/lb to $4.47/lb (for April delivery). In the last few weeks Copper ran into stiff selling at $4.60. The market had technical support at $4.25 and was able to recover yesterday. Today we are seeing follow through. One culprit of the weakness was higher Oil prices, which [...]
How to Profit from Copper’s Next Wave
..Today half of all the people in the world live in cities. This is an economic migration…
Copper Update for CME Group
Copper for March delivery is higher by nearly $0.02 to $4.49/lb….
Copper Update for the CME Group
Copper for March delivery is higher by $0.01 to $4.59/lb…
Copper, Food Prices and Strength of the Global Economy
..The week begins with another record high for copper and…
Copper: Exercpt from NFRTRH 121
…Chart was within the bullish looking consolidation flag when the below was written….
Copper Update for CME Group
Copper for March delivery is higher by about $.02 to $3.85/lb. Copper’s recent break past $4.10 was a move past four-year resistance at $3.80-$4.00 and a breakout to new all time highs. The question now is if this break is sustainable. Copper has benefited from the rising tide in commodity prices as well as the [...]
Mickey Fulp: Commodity Prices are Unsustainable
Mickey Fulp discusses various commodities on CNBC Asia….
Platinum & Copper Update
As we pen this, Copper for March delivery….
