They call copper the metal with the Ph.D. in Economics. But these days Doctor Copper is little more than a quack in that regard, taking a cue from the metals…
The cyclical Amigo, the counter-cyclical Amigo and the cross dresser Amigo. A weekly chart works best to make the point that copper is still struggling to hold critical support at…
An NFTRH subscriber kindly sent me this article on surging global shipping costs. Shipping’s great fuel switch is starting to drive up freight costs For reference, here's the NFTRH chart…
The 3 metals that I think will most inform the coming macro are shown here on weekly futures charts (click the charts for a fuller, clearer view). Silver took out…
Weekly futures charts of Doctor Copper, Stodgy old man Gold and his wild little bro, Silver. Copper is still perched at absolutely critical support. Yesterday's hype rally aside, the cyclical…
The already down-trending daily copper futures lost another support level last week and this morning is threatening a last ditch level. The weekly chart advises just how "last ditch" that…
Here are the daily and weekly futures charts for each Amigo (the cyclical Amigo, the counter-cyclical Amigo and the cross-dresser Amigo). We review these metals as the media schleps all…
Copper found resistance at the 200 day average and the first shelf of lateral resistance. RSI seems to be marching in a stair-step uptrend on the short-term and MACD just…
When last we left the 3 Metallic Amigos... I can't remember the detailed individual statuses and am too busy to go read the post. They were something like borderline hysterical…
Gold is the star performer these days, as the entire world by now knows. But if the world is knee jerking into gold to any substantial degree because of this…
So we have a pre-FOMC party whipping up all across US and global markets, including commodities and precious metals. So what does Doctor Copper have to say about this? Doc…
Doctor Copper, the cyclical metal with an Economics Ph.D., failed the big macro signal area at 3 and has dropped since mid-April. But now with trade tensions easing it has…
In order of appearance these metals are the cyclical inflation signaler, the counter-cyclical relative disinflation signaler and the really early and intense inflation signaler (at least in its relationship to…
Live daily futures charts for your review. Click the charts for clearer views. Doctor Copper dwells below the broken support level at the SMA 200 despite this morning's market relief…