VIDEO REMINDER In Today’s Masters in Trading: Live After surging on renewed strength over the last few weeks, copper prices are finally coming back down to Earth. The bellwether metal initially spiked on news of China’s stimulus package back in October, only to fall nearly 12% since then. It’s now circling a two-month low as prices trend just under $4.23 per pound. This steep decline indicates investors are casting a bearish tone on metals like copper and lithium right now. And with the policies of an incoming administration up in the air, we really shouldn’t be surprised at all the near-term volatility we’re seeing. Chinese and Brazilian miners are seeing an especially steep decline on all this news. That’s certainly no coincidence as investors are anticipating anything from an all-out tariff war to a whole new set of economic sanctions imposed by the U.S. All that said, it’s important for us to approach metals like copper with a long view on volatility. It’s more important now than ever to know which names will find new highs on volatility and which ones will continue falling. In today’s Masters in Trading Live at 11 a.m. ET, I’ll take a closer look at copper’s slump this week and let you know what to expect from this essential metal moving forward. If you want to be part of the action and share your comments and questions in real time, be sure to join me live on YouTube. It’s a great way to connect directly with our trading community and make sure you’re getting the insights you need to help build a deeper understanding of the markets. Here are all of today’s hot topics: -
Copper Stocks from China and Brazil Are Getting Killed -
TSMC Must Stop Selling to China |
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