COPPER Commodity or Junior Miner trade LONGCopper prices rise when the economy is thought to be growing and needing more electrical
infrastructure while they fall when bearish indicators might project a recession. I am
at the aluminum and finished steel subsectors as well. FCX is under consideration but as a
large cap it does not have the volatility of the junior miners. In the meanwhile COPJ, CPER and
COPX look like they are worth considering given the trend up since mid-February. The chosen
strength and trend indicators confirm the trend. This is a long trade and sector rotation play for
those to consider that are tired of tech stocks and earnings plays.
Long