|Day Low/High||38.36 / 39.66|
|52 Wk Low/High||16.68 / 46.10|
I have had some real success playing volatile names ahead of news events from the short-side, but this is not something I would recommend for newer traders.
Traders could go long FCX ahead of earnings on Thursday.
Is Freeport McMoRan ready to run? Here's a way to know.
Plus, checking out trades related to Amazon, Macy's and a few defense and metals stocks.
Also, the NFIB Small Business Optimism Index printed at 99.7 for July, still on the strong side, but well below June's print, and well below expectations.
One thing we know is that the current wave of the pandemic just seems to be getting worse.
Right now, we are spirits in the Materials world.
How these money managers get away with this duplicity is incredible. They skate by criticism as if having your cake and eating it too is second nature.
Think about this: Do names like Alphabet, Apple or Microsoft need oil, food stuffs or natural gas to run? Let me show you what I mean.
There's a split growing at the FOMC as to just how transitory the current burst of consumer level inflation actually is.
Advanced Micro Devices and Nvidia score solid gains on Thursday as the tech sector enjoys a nice day.
Pull up a chair and let me tell you what drives these insane moves out of industrials and banks in a way that you can understand them and even profit from them.
What's going on inside the head of the Fed Chair or anyone sitting on the committee (FOMC) as they roll into Wednesday afternoon's block party?
This copper name has new price targets that favor those who own shares.
I'm more focused on the production, manufacture and transport of materials raw, finished and refined than ever before.
The Fed and Treasury were heroic in the early days of the pandemic shutdown. This economic environment is not that economic environment.
The stock has outrun most of the Wall Street analysts that follow this name.
Sure you can but any of these, but do not buy all of them because you will be betting against the business cycle.
Canada made the developed world's first moves toward normalizing monetary policy coming out of the pandemic, despite the fact that Canada does not seem to be flattening its own curve.
The 'organic' economy has to take over at some point, and at that point, at least in theory, demand for credit should accelerate.
The setup in the social media giant has yet to trigger, but the mining company already has signaled go.
We're headed to Boom Town, so let me show you how to line up your ticket -- and the best picks for the great reopening.
The 'reflation trade' was the theme of the day as suddenly everyone was on board with the commodity supercycle.
As a trader who at times takes short positions, I don't know whether to stand up and applaud this group or to fear them.