Dominate Your Market
by Jim Wyckoff
The copper futures market this week hit an 11-month high on reports that many of China’s copper smelting plants are cutting back production. The important red industrial metal is closely watched by many veteran traders and its nickname is “Dr. Copper” because the metal can be an early indicator of global economic health. Copper prices are trending higher and that’s a good sign for the entire raw commodity sector, and for global stock markets. Stay tuned!—Jim Wyckoff
There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.