Copper Tag

Copper Price Rolling Back Over

10 Feb, by Knowledge Leaders Team in News

The price of the all important copper appears to be heading lower once again after what in retrospect looks like a dead cat bounce....

Copper Thumbing Its Nose at Chinese and European Stimulus

25 Nov, by Knowledge Leaders Team in Uncategorized

Last week we noted that copper was at a critical level and further weakness could open the door to much lower prices in the months ahead. Well, that further weakness seems to be materializing today as copper drop is down almost $.05/lbs, or 1.6%....

Copper is at a Critical Level Here

13 Nov, by Knowledge Leaders Team in Uncategorized

We’ve been highlighting the weakness in the ”metal with a PhD in economics” all year so it should come as no surprise that we’re keen watchers of copper prices....

Copper is Breaking Down Again and What it Means for EM Stocks

25 Sep, by Knowledge Leaders Team in Uncategorized

As noted here on Monday, it appears copper prices are about to take another significant leg down. The price of copper has now decisively broken through the rising support line in what appears to be a continuation of the longer-term downtrend that started back in...

Copper Breaking Through Important Support as USD Continues to Surge

22 Sep, by Knowledge Leaders Team in Uncategorized

Copper, after having been turned down by the falling trendline last week, is breaking down through the upward sloping support line today. The technical pattern formed in copper is known as an ascending triangle pattern, and breaking below the rising support line is generally taken...

Can Copper Prices Continue Climbing?

03 Jul, by Knowledge Leaders Team in Uncategorized

Copper prices continue to recover from weakness earlier in the year, but are approaching an area of resistance: Taking an even longer-term view, we see just how important this level has been in the past five years: Our point-and-figure chart also indicates that copper prices...

Copper is Breaking Out to the Upside

24 Apr, by Knowledge Leaders Team in Uncategorized

On a relatively quiet day on the markets there is one asset that is exhibiting some serious thrust. That ”asset” is copper, which has now decisively broken through an important line of overhead resistance....

Formidable Resistance for Dr. Copper?

14 Apr, by Knowledge Leaders Team in Uncategorized

The prognosis is still somewhat cloudy at the moment, as the economically sensitive metal has struggled over the last few weeks to rebound above levels that provided support last summer....

How Bullish is a Bull Flattener?

27 Mar, by Knowledge Leaders Team in Uncategorized

Over the last 4.5 months the spread between the 30 year treasury yields and 10 year treasury yields has fallen from 112bps to 85bps, a difference of 27bps, and that spread has been falling fast in recent weeks....

More Weak Chinese Econ Data Confirms Copper Rout

13 Mar, by Knowledge Leaders Team in Uncategorized

Chinese economic data continues to come in on the weak side as today brought disappointing retail sales and industrial production figures. These data represent January and February cumulative totals so they should not be affected significantly by the timing of the Chinese New Year holiday....