Notes You Need for October 30: Rig count, butter at a global high, gaming stocks, inflation, interest rate odds, gold, copper
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. This mini-blog includes items like this from today: “11:40 a.m.: The PCE Price Index, the Federal Reserve’s preferred measure of inflation rise by 0.4% in September and is now up 1.6% year over year. In August the index was ahead 1.4% year over year. The core index, which excludes food and energy, was uo 1.3% year over year. Nothing here to change the odds on the Federal Reserve raising interest rates at its December 13 meeting.”
Why the bump up in copper today could go on for a while (Hint: It’s about electric cars)
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...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 what’s going on?
Notes You Need for July 28: Earnings beats, savings rate, dollar, euro, rig count, China PMI, copper
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...Freeport McMoRan and Indonesia agree to extend agreement deadline for another 6 months
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...Notes You Need for April 18: Macao gaming revenue, Mortgage applications, Housing starts, Gold, Copper, Treasuries, IBM
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...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...Today’s commodities rally is no more a long-term trend than the weekend’s commodity weakness
Today, May 10, evidence of “firming” inflation in China led to a rally in industrial metals such as copper and other commodities; which is a complete turnaround from the weekend when a larger than expected decline in Chinese exports and imports led to Monday weakness in commodity prices.
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.