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Apparently everybody decided today that tomorrow’s March jobs report will show accelerating economic growth

Apparently everybody decided today that tomorrow’s March jobs report will show accelerating economic growth

With the financial markets closed tomorrow for Good Friday, traders and investors jumped in to buy today ahead of what is expected to be a jobs report tomorrow morning showing unemployment dropping to 6.0% (by the official measure) from 6.2% in February. The Standard...
Today it’s copper

Today it’s copper

Copper for September delivery closed up 2.84% today. Copper stocks did even better with Freeport McMoRan Copper and Gold (FCX) closed up 5.73% for example. Southern Copper (SCCO) ended the day ahed 3.37%. And First Quantum Minerals (FQVLF) traded up 10.14%. So...
Buy Freeport McMoRan Copper & Gold (FCX)

Buy Freeport McMoRan Copper & Gold (FCX)

Maybe the company should change its name to Copper & Gold & Molybdenum. Total proven and probable reserves of molybdenum, a metal used in high strength steel alloys,  total 1.9 billion pounds and the metal made up 12% of 2006 sales. With proven and probable...