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Posts related to ‘FCX’

When Gold, Silver, and Copper All Tank… Are They All Devil’s Metals? (GLD, RGLD, SLV, HL, JJC, SCCO, FCX)

What happens when you have an appreciating dollar?  Commodity prices tend to fall, all other things being equal.  But what about when you have a scenario where risk-on investors are ...
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Gold Miners in Flux (ABX, GG, NEM, KGC, AUY, FCX)

Gold has been trading in a fairly narrow range between $1,600-$1,700/ounce for the past two months after ending 2011 at around $1,525/ounce. Gold prices spiked to near $1,800/ounce in February, ...
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Copper Miners Looking at a Tough Year (FCX, RIO, SCCO, BHP)

From a high of around $4.60/pound in February of 2011, copper prices have fallen around $3.60/pound today, which is actually better than the price of around $3.40/pound at the beginning ...
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Upside is Scarce in Metals and Materials Stocks (X, NUE, STLD, NEM, ABX, SLW, FCX, SCCO, AA, MCP)

The metals and materials sector, including miners, has been hit hard by the weaker global economy. China’s manufacturing slowdown, the turmoil in Europe, and slow growth in the US have ...
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24/7 Wall St. Closing Bell (V, MA, C, CVX, APD, EBAY, ZZ, BLK, BAC, FCS, FCX, MS, LUV, EGHT, TSL, JASO, STP)

Stocks opened higher this morning and have mostly remained in positive territory throughout the day. Reports that China was considering lowering its banks’ capital reserve requirements boosted both Asian and ...
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Best Ideas For 2012: Mostly Dividends & Value (BRK-A, CMCSA, FCX, MET, PG, STX, RDS.A, VOD, SNY, AAPL, GOOG, IBM)

This last weekend brought the first waves of picks for 2012.  Barron's issued its "10 Favorite Stocks For 2012" and the stocks were just about all lower on Monday with ...
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Another Look at Expected Gains in Metals and Materials Stocks (X, NUE, STLD, NEM, ABX, SLW, FCX, SCCO, TIE, AA, MCP)

In mid-October, we took a look at target prices and implied gains among 11 metals and materials stocks. The companies we examined were United States Steel Corp. (NYSE: X), Nucor ...
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24/7 Wall St. Closing Bell (FCX, CECO, CLX, COL, BSX, MDT, FICO, LAMR, OWW, KSWS, RIG, MDVN, SNSTA, SONO, DNDN, ANF, CLWR)

Stock markets. Equity markets opened sharply higher this morning before falling into negative territory before the ISM and factory order reports were released. The ISM index came in lower than expected, ...
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Top Analyst Upgrades & Downgrades (NLY, BSX, CECO, CLX, CNH, DNDN, FCX, HXL, HSP, MDT, COL, SWIR, STJ, SLF, TEVA, TDW, WYN)

These are some of Thursday's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Annaly Capital Management, Inc. (NYSE: NLY) Raised to Outperform at Wells Fargo. Boston Scientific ...
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Mining Stocks Undervalued According to BlackRock (BLK, BHP, RIO, VALE, FCX, SCCO)

Investors appear to have lost faith in mining stocks, sending share prices down steadily throughout the year. Both iron ore and copper prices are down nearly 20% since the beginning ...
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Expected Upside Gains for Leading Metals Companies (X, NUE, STLD, NEM, ABX, SLW, FCX, SCCO, TIE, AA, MCP)

Companies focused on mining and metals have been experiencing high volatility this year based on both the overall global economy and, in some cases, expected demand, especially from China. We ...
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The Frontlines in a US-China Trade War (WMT, TGT, BTU, ACI, FCX, RIO, WY, PCL, ADM, BG, CAT, DE, GM, F, GE)

While the debate rages over whether or not the U.S. should enact legislation aimed to curb currency manipulation -- and specifically the Chinese peg to the U.S. dollar -- the ...
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Comex Raises Copper Margin Requirements — Gold & Silver Next? (CME, FCX, SCCO, NEM, ABX, SLW, JJC, GLD, GDX, GDXJ, SIL)

In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 ...
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Drop in Copper and Corn Prices May Be Overrated (FCX, SCCO, BHP, RIO, MON, ADM, BG, POT, MOS, VLO, PEIX, JJC, CU, CORN, MOO, DBA)

Since the beginning of September, copper and corn prices have fallen dramatically, with copper off nearly -35% from its 12 month high and corn off about -25%. Because both are ...
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Global Recession or Economic Stagnation: Take Your Pick (RIO, VALE, SCCO, FCX, MT)

Prospects for the global economy are currently as dark or darker than they've been since the financial crisis began three years ago. Consumers and investors likely see either another recession ...
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