JJCTF News and Press, iPath Bloomberg Copper Subindex Total Return Sub-Index ETN From 03/15/19

In my December 2018 article on copper, I arrived at the following conclusion: “In my opinion, the COT data confirms a thesis that the copper market is building a base for a new leg up” Unfortunately, due to the shutdown of the U.S. government, for the last two months th...

Copper and base metals are building blocks for infrastructure around the world. As China is the world's most populous nation with the most significant economic growth over the past decades, the Asian country became the demand side of the equation when it comes to the prices of copper, aluminum...

Please Note: This analysis was prepared using end of day data from March 8th, 2019. All indicators and valuations reflect the same. Quick Take Despite the popular narrative that the recent rise in industrial commodity prices is due to a shift towards reflationary policy, I believe the pr...

Silver is a precious metal that attracts lots of speculative activity. Rallies to the $50 per ounce level in 1980 and 2011 are always reminders that the silver market can double, triple, and halve in value over short periods offering market participants fantastic gains. While huge moves of the...

Copper is a metal that is a building block for infrastructure around the world. Many market participants refer to the red metal as "Doctor Copper" as the price direction of the nonferrous metal often reflects the current state of the global economy. During periods of economic expansion, the pr...

Freeport McMoRan ( FCX +1.4% ) and Southern Copper ( SCCO +1.3% ) extend their string of recent gains as copper prices continue to climb on momentum from the U.S.-China trade talks. More news on: Freeport-McMoRan Inc., Southern Copper Corporation, iPath DJ-UBS Copper Total Return Sub...

Heavy users of copper saw a solid decline in output in January, boding ill for future demand for the metal in coming months. The Global Copper Users PMI Output Index hit a near ten-year low at the start of 2019, indicating a downturn of the scale not seen since the Financial Crisis. This giv...

Copper futures climb 1.6% to $2.92/lb., the highest level since July , aided by optimism on U.S.-China trade talks and a rally in oil. More news on: Freeport-McMoRan Inc., Southern Copper Corporation, iPath DJ-UBS Copper Total Return Sub-Index ETN, Commodities news, Stocks on the move, Ne...

Because of its wide availability and exceptional conductivity, copper is found in everything from consumer products to automobiles to semiconductors. Last year global demand for the red metal stood at 23.6 million tons, and by 2027, it’s projected to reach just under 30 million tons, ...

Freeport McMoRan ( FCX +7.6% ) extends last week's strong gains after Citigroup upgrades shares to Buy from Neutral with a $16 price target and double upgrades Southern Copper ( SCCO +6.5% ) to Buy from Sell, citing a more constructive cooper market backdrop. More news on: Freeport-M...