Southern Copper: SCCO
Electrification is the name of the game these days. States like California are pressing people to give up gasoline for their cars and natural gas in their homes. This article…
Freeport McMoRan (FCX)
Freeport McMoRan is a company Mark knows quite well. In his days as a project financial, he worked on deals to finance the company's copper, gold silver, and molybdenum mine…
Close Freeport McMoRan (FCX) Trade
On August 15 of this year, we took a closer look at the price of copper and one of the biggest copper producers, Freeport McMoRan, the big mining copper that…
FCX & Copper Talk
About a month ago, we discussed the price action of copper and what it might mean for the health of the global economy. From our perspective, it looked like copper…
Dr. Copper Gives a Lecture, Or Does He?
The term Doctor Copper is market slang describing the base metal as possessing Ph.D. in economics. It gets the prefix "Doctor" because of its ability to predict turning points in the global…
What is the Price of Copper Saying?
Yesterday, the copper market gave a whispered that the first leg of the “infrastructure trade” may be coming to an end, at least for the time being. The chart below shows…
Long Live King Copper?
Tuesday, February 14th on CNBC’s Fast Money I highlighted some substantial bearish activity in Freeport-McMoRan (FCX). Specifically short-dated puts traded over 81,000 contracts, well above the 31,600 20 day average…