‘Copper’ Archive

Leading indicator about to break 13-year support channel?

In 1999 and 2001, Ole Doc Copper created a double bottom on a monthly basis and started moving higher. Once Copper started heading sharply higher in 2003, commodities and stocks did pretty well in the following years. Currently Doc Copper finds itself in what could be a very important price point, that could say a […]

These four assets reflect no pressure on Janet to raise rates!

Will the Fed raise rates or not? The media is spewing speculation almost by the minute, about what the Fed will do in regards to interest rates. Is the Fed seeing things that would suggest they need to raise rates? We all are aware the Fed looks at tons of indicators. Speaking of indicators, the […]

Fed pumping not having success here!

CLICK ON CHART TO ENLARGE Rumor has it that the Fed has been pumping money into the economy, hoping to get some growth and inflate a few different assets. The two charts above look at Crude Oil and Copper, going back 20-years for each asset. Some will say that stocks are near all-time highs due […]