We looked at copper prices and Southern Copper Corp. (SCCO) on September 3 and wrote that "Lumber prices have been soaring. Copper prices are strong. Ignoring energy prices, are we entering an extended period of rising commodity prices? It might be too early to tell for certain, but for now copper prices are going up and the charts of SCCO are bullish. Trade SCCO from the long side risking a close below $42 for now."
More from Investing
The S&P 500 and DJIA are convenient benchmarks, but they can hurt your returns if you give them too much weight.
Here's what I found most positive about the market as the week closed out.
I like to identify a chart or two with a nice setup into the next week, and OB falls into that category.