Without superimposing biased views on the situation let’s just note that the copper price is breaking a trend channel line and eyeballing the bull pivot.
Category: Commodities
Happy Jobs! Doctor Copper Unproven
Today another jobs report that was already in the bag on the inevitable economic bounce-back from deplorably bad readings has stimulated casino patrons finding it
NatGas Breaks to New Lows; Disaster or Massive Opportunity?
I am not an Energy head, but this catches my eye. A subscriber asked if I would focus closer on Energy and I was a
Doctor Copper Prescribes…
Just thought I’d provide a look at copper, which is testing the very tentative 2.62 support level. So far the daily prescription is an ongoing
A Commodity Contrary Indicator?
Highlighted to close out NFTRH 607‘s Commodities segment: Finally, some food for thought (and a contrary indication) on the Commodity sector, compliments of a subscriber.
3 Amigos: Gold, Silver & Copper
Gold: counter-cyclical, risk ‘off’ qualities, defensive w/ some inflation sensitivity. Silver: cross dresses between counter-cyclical and cyclical, more offensive within the PMs, inflation sensitive. Copper:
3 Metallic Amigos
As usual, the counter-cyclical Amigo, the swinger Amigo and the cyclical Amigo tell their macro stories. Gold (counter-cyclical), which would benefit from a risk ‘off’
Copper Takes the Next Step
Copper price… 2.50 Take out the SMA 200 Next up is resistance at 2.62. I have to say, the good doctor has been impressive. Downtrend
Man Stares at Palladium Chart, Ignores What He Sees
Per the NFTRH Trade Log on June 4: Added PALL very tentatively. It feels like it should be part of a reflation play but speaking
No Prescription Yet From the Good Doctor
Continued relief or more pain to come? That is the diagnosis for which Doctor Copper will write his next prescription. Here we have the Cu
Doctor Copper Dings 1st Resistance
With the US dollar breaking down the reflation lives on for another day. One aspect of that is the copper price, which has bumped its
Dr. Copper Continues Upward From a Bull Flag, Trends Remain Down
Policy makers are trying to manufacture is a cyclical inflation. A prime indicator to the success of such operations would be bullish copper. Now it
Yellow Cake; Drop to Opp?
I completely missed the big move in Uranium and its miners. At first I was dismissive of the bounce due to the existing downtrend. That
Head Spinning After a Tin Foil Adventure, Back to What I know: 3 Metallic Amigos
This morning I made the mistake of venturing out to the gold websites, where I found Mr. Clive – Man Who Stared at Charts in