|Day Low/High||28.84 / 30.64|
|52 Wk Low/High||4.82 / 32.49|
The company has switched its focus from onshore natural gas to offshore crude oil.
Neither the S&P 500 nor Russell 2000 futures contracts are telling us to anticipate lower prices.
NVIDIA, NXP Semi and Applied Materials could all continue their big runs this year.
Gold continued declining and the U.S. dollar extended gains.
A trade war can be as significant to gold prices as one with real guns.
A second look at Facebook, Amazon, Netflix and Alphabet while out of the spotlight.
As oil price stays in a narrow range, U.S. demand has fallen for 7 straight weeks.
Five Below's "under $5 strategy" is still nascent, giving the retailer's shares substantial room to run. And Freeport McMoran will benefit from from the Trump building boom.
A 10% rise in U.S. copper demand can be offset by a 1% drop in Chinese copper demand.
We like to see broad participation among stocks that have been latent for years.
There's no reason to think any resolution on the table will offset the current supply glut.
These 'wing and a prayer' stocks are full of surprises.
Patience is a virtue, especially with some of these names.
The trade tactic I prefer now for FCX is the bullishly biased synthetic call.
The metal continues to soar, leaving even longtime observers astounded.
When traders buy even on "up days" we get an important tell.
It's not gold's decline. It's another metal that's hit new highs for the year.
Assuming a Clinton win, she may be handicapped, by both federal investigators and Republicans.
But it's probably premature to buy crude oil on the current dip.
It's just as dumb to short energy companies as it is to short mining companies.
This doesn't mean Dr. Copper is foreshadowing a change in global growth.