$117.05
+1.83 (+1.59%)
At Close: Jul 31, 2026
Copper - The Barometer For China; FCX Is A Bet The Trade Trumps The Virus
11:00am, Monday, 24'th Feb 2020
The price declines to a slightly higher low. Coronavirus and the Chinese economy. Lots of volatility in warehouse stocks. FCX is hanging in there. Three reasons
Philly Fed Manufacturing Index: Improvement In February
09:04am, Friday, 21'st Feb 2020
The latest Philly Fed Manufacturing Index came in at 36.7, up 19.7 from last month's 17.0 and above the 12.0 forecast at Investing.com. The 3-month moving avera
Real Retail Sales Continue Flat In January; Production Sector Still In Recession
06:26pm, Monday, 17'th Feb 2020
Retail sales increased nominally by +0.3% in January, while December was revised downward by -0.1%, for a net gain of +0.2%. Neither real retail sales or real r
Lumber Is Quietly Rising
11:30am, Friday, 14'th Feb 2020
Lumber has not followed crude oil and copper. An industrial commodity for construction. Rates in the U.S. favor new home building. Levels to watch in the lumber
Why I Expect Further Declines In Manufacturing Jobs
10:33am, Thursday, 13'th Feb 2020
One thing that struck me is that we've now had two months of declines in manufacturing jobs. This is something I have been anticipating since about the middle o
U.S. Manufacturing Is Bouncing Back
10:58pm, Friday, 07'th Feb 2020
The U.S. January 2020 PMI rebounded after six months of contracting. The U.S. economy continues to grow on the strength of non-manufacturing industries. Manufac
Copper Tanks, Freeport-McMoRan Follows The Red Metal Lower
11:30am, Saturday, 01'st Feb 2020
Trade pushed copper to a peak in mid-January. Another problem in China pulled the rug out from under the bullish trend. Copper is not the only commodity moving
Weekly High Frequency Indicators: Coronavirus And A Jump In Regional Manufacturing Take Center Stage
05:45am, Saturday, 01'st Feb 2020
High frequency indicators can give us a nearly up-to-the-moment view of the economy. The metrics are divided into long leading, short leading, and coincident in
The Current Pullback In Copper Is A Buying Opportunity
11:30am, Sunday, 26'th Jan 2020
The trade deal with China pushes copper over the $2.80 level. A rise in LME stockpiles ignites a downside correction. Open interest rose with the price of the r
Better Days Ahead For The U.S. Manufacturing Sector
08:33am, Saturday, 18'th Jan 2020
Unpacking the phase one China-U.S. trade agreement. Positive signs emerge for U.S. manufacturing sector. Q4 earnings season outlook.
U.S. Freight Shipments Plunge At Fastest Rate Since 2009, Hit 2011 Level: This Is Getting Surprisingly Ugly
01:24pm, Friday, 17'th Jan 2020
Shipment volume in the US by truck, rail, air, and barge plunged 7.9% in December 2019 compared to a year earlier. It was the 13th month in a row of year-over-y
January's Reports Start Out With A Decidedly Mixed Picture For 2020
11:37am, Thursday, 09'th Jan 2020
We have our first bits of forward-looking data for the year: November residential construction, December ISM manufacturing, and December light vehicle sales. Ho
More Trends That Ended 2019 The Wrong Way
11:21am, Thursday, 09'th Jan 2020
The numbers automakers have been publishing for December, and therefore total year sales, are not the sort that make you think things are getting better. The wa
ISM Nonmanufacturing Index Rises In December, But Details Are Mixed
11:10am, Thursday, 09'th Jan 2020
The nonmanufacturing composite index rose to a reading of 55.0 from 53.9 in November. The majority of the sub-indexes remained above 50 in December, with five s
Best Sector ETFs of September
02:50pm, Friday, 27'th Sep 2019
A few sector ETFs have outperformed the market. We have highlighted five such ETFs that have raked in substantial gains in September and could be better plays if the trend prevails.
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