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Tag: copper

Dr. Copper May Be Terminally Ill, But…

What should be big news isn’t getting that much play and that’s the total collapse in copper prices, mostly due to China’s weakening economy. Copper has long been called Dr. Copper or the commodity with a PhD in economics because it was a good forecasting tool. Since late 2010, that all changed and it’s likely because of China’s influence on that market. Copper has completely collapsed on a short-term basis, semi-collapsed on an intermediate-term basis and is on the verge […]   Read More
Date: March 23, 2014

There is Always Something to Buy

Like a broken record, stock market sentiment remains at rally killing levels as it has for the past two months or so, but that certainly¬†didn’t prevented us from taking full advantage of the Santa Claus rally. Now that the calendar turned and the most bullish period of the year has ended, the tailwind for stocks isn’t as strong. As the market has been for some time, it is stretched, very overbought and in need of good 5-10% pullback. The very […]   Read More
Date: January 13, 2014