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Posts related to ‘JJC’

Copper bars

After Gold, Now Goldman Sachs Kills Copper Price Target

Copper is one of the metals that really matters at the street level of the global economy. The price of gold is much more exciting about the price of copper, ...
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China

China Driving Copper Higher, Selectively

If you just considered how uncertain things are right now, you might think that news coming out of China regarding its economy was still very soft. Data over the weekend ...
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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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CME Lowers Energy & Metals Margin Trading Requirements (CME, GLD, USO, SLV, JJC)

CME Group Inc. (NYSE: CME) is going to make it cheaper for traders to trade energy and metals futures, something which could make it easier and cheaper for traders, speculators, ...
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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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Coal Trends: A Douple-Dip Recession Predicting Tool? (ANR, WLT, PCX, ACI, JRCC, YZC, KOL, FCX, JJC)

Alpha Natural Resources Inc. (NYSE: ANR) and Walter Energy Inc. (NYSE: WLT) are signaling some disturbing trends that only bring on more fears of recession.  The companies have both lowered ...
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Copper’s Gain, Risk On (JJC, CU, COPX, FCX)

Today's surprise report on the increase in housing starts has put some added energy into copper futures, which have been holding more or less steady this month following a rise ...
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Commodities Watch: Copper Prices Rise on China, Fall on US Data (FCX, NEM, SCCO, BVN, CU, JJC, COPX)

Copper prices have been on a steady upward march for about two weeks now, from around $4.06/pound to close at around $4.43/pound yesterday. China, the world's top consumer of copper, ...
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Commodities Watch: Copper Moves Up on Stategic Oil Release (JPM, GS, JJC, CU, COPX)

Yesterday's announcement by the International Energy Agency that member nations, including the US, would release 60 million barrels of crude sliced 5% off the price of a barrel of WTI ...
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Copper Funds & ETFs: Profits Abound, Where Picks Matter (FCX, JJC, CU, COPX, XLB, IYM, VAW)

In the past 12 months, copper has risen from about $2.80/pound to as high over $4.60/pound, an increase of about 64%. The red metal now trades at about $4.10, or ...
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Commodity Watch: Copper Questions Pile Up (FCX, NEM, SCCO, BVN, COPX, JJC)

The big remaining question about copper prices is which direction they will take in the second half of this year. Most observers are bullish, but when the big question is ...
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Commodities Watch: Another Look at Copper; Corn, Wheat Turn Lower; Goldman Moves Commodities Up (GS, ABX, BHP, FCX, TCK, JJC, COPX, CORN, MOO, DBA)

Today's commodities markets are being driven by a new report from Goldman Sachs Group Inc. (NYSE: GS) essentially reversing its 'sell' report of scarcely six weeks ago. Copper prices remain ...
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Commodities Watch: Silver Goes Lower, Copper Higher; Wheat Continues Losses; Canada Sees Growth in Lumber Prices, Exports (SLV, GLD, JJC, MOO, DBA, WY, PCL, LPX)

Today's commodities news is not quite a repeat of yesterday's because oil is staying essentially flat and yesterday's commodities sell-off is not being repeated. Wheat prices, however are continuing to ...
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Commodities Watch: Silver Miner Misses Targets; Food Producer Also Misses, Raises Prices; Copper Prices Recovering (CDE, SIL, SLV, TSN, SFD, FCX, JJC)

Today's commodities watch looks at a silver miner's and a food producer's quarterly earnings. And a quick look at how copper is coming back today. Silver and gold miner Coeur ...
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