So the Fed has stated its goal to inflate, but it does not happen in real time. There had to be a reason for the
Tag: copper
Just Another Boring Dr. Copper Post
But then, managing the macro markets on a daily basis can be drudgery, can’t it? It’s a good thing I get off on this stuff
Doctor Copper’s Mixed Messages Continue
So the good doctor is running low at LME & COMEX. But the daily chart of Copper Futures continues to fade a bit below very
Copper & IM vs. Gold
Here is a weekly chart from NFTRH’s Market Internals segment showing Copper and Industrial Metals vs. Gold. In other words, showing cyclical metals vs. the
Doctor Copper Fades
The intermediate uptrend is intact but the $3/lb. area remains a holdout. So, no big “party on Garth!” macro signal at this time. It’s just
Doc’s Daily Check-in
Since Mark originally called me to attention on copper it seems to have become a minor obsession, this decision point by Doctor Copper at the
The Doctor Is In, But…
Doctor Copper checks in, takes your pulse, utters a few reassuring words and then promptly leaves the room with little more to say. No prescription
Doctor Copper Pokes Higher Still, But No Prescription Yet
Copper lurched higher today and like the stock market, eased its enthusiasm a bit into the close. Click for a better view. I think you
Industrial Metals Still in Play
So the Trade War Food Fight (TWFF) has hammered Doctor Copper and his Industrial Metals pals of late, along with the strong dollar (now taking
Doctor Copper Prescribing Bull or Bear?
The title is just an excuse to reference an old market saying about copper as the metal with a Ph.D. in Economics. I think that
Gold Miners/Copper Miners Ratio Is Interesting
The GDX/COPX ratio has broken above the 50 & 200 day moving averages and is still going, despite gold’s ignominious state at the moment. Here’s
Doctor Copper Follows His Industrial Pals
People look at the Doc, with his Ph.d. in Economics as a key cyclical indicator. The Wall Street Journal gave investors handy reasons why Copper
NFTRH+; Copper Miners
Much like the Industrial Metals in general, the copper miners (COPX) are in a post-2015 uptrend. That uptrend can break at any time but the
NFTRH; Metallic Indicators Not Convinced
Well, it’s just a day. But after the big bounce back in stocks one set of indicators is not confirming the big upward burst. I