FCX
It looks we might get a China trade deal before one on NAFTA
Today, House Speaker Paul Ryan announced a May 17 deadline for the Trump administration to submit a proposal NAFTA revision to Congress–if President Trump wants this Congress to vote on a revised agreement. The odds of an agreement emerging from current talks and moving on to Congress on that schedule are just about nil. At the same time news of significant horse trading is coming out of U.S.-China trade talks.
Freeport McMoRan Copper & Gold delivers ugly earnings report–that’s good for my Put options (and I’m selling on the big jump)
Before the U.S. markets opened today Freeport McMoRan Copper & Gold (FCX) ) reported a big earnings miss. As of 2:30 p.m. New York time the shares were down 16.67%. That's good news for the May 18, 2018 Put options I added to my Volatility Portfolio on April 3,...
Putting on the second half of my FCX options play–buying January 18 call options at $20 for the (eventual) recovery in copper prices as fear recedes
Whenever someone asks me "Do you like Stock XYZ? my first question in response is "Over what time period?" So for example, in the short run--say the next month or two--I don't much like shares of Amazon (AMZN) for the reasons that I laid out in my post on the stock...
Selling copper pick Freeport McMoran on fears of U.S./China tariff war
Freeport McMoRan Copper and Gold (FCX) was the third and last copper stock I added to my portfolios back in January 12, 2018--after Southern Copper (SCCO) and First Quantum Minerals (FQMLF). I added so much copper since copper prices were soaring in 2017--up 30%--and...
I’m adding copper exposure to my Jubak’s Picks Portfolio by moving Freeport McMoRan Copper & Gold from my 50 Stocks Portfolio
By this time I think you get the message: I like the trend in copper prices and copper stocks over the next five years. I've added copper producers South Copper (SCCO) to my long-term 50 Stocks Portfolio and First Quantum Minerals (FQVLF) to my volatility portfolio....
Freeport McMoRan and Indonesia agree to extend agreement deadline for another 6 months
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Copper headed higher? For Freeport McMoRan Copper and Gold this may not end badly but it won’t end soon
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Some hope for the company but disappointingly same old story on copper in Freeport-McMoRan Copper & Gold earnings today
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Alocoa starts earnings season with bad news from commodities
Neither Alcoa nor aluminum set the direction of the market these days, but investors and traders looking for a sustainable turn in commodity demand and prices didn’t get anything to cheer about when the company announced first quarter earnings after the market closed yesterday, April 11.
Arch Coal bankruptcy sinks entire mining sector; copper miner Freeport falls 20%
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Dividend cuts by miner Freeport McMoRan and energy pipeline operator Kinder Morgan say the commodities slump still has time to run
Recent news from Freeport McMoRan Copper and Gold and Kinder Morgan points to more danger and lower stock prices for commodities and commodity stocks in the first half of 2016
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