Sunday, February 14, 2010

Copper vs S&P500 2/14/2010

Dr. Copper Is Telling You To BUY

Of all the commodities, copper is frequently extolled for its ability to predict the economy, and as such its fans joking say it has a "PhD" in economics. Well, the industrial metal is earnings its tenure.

Not only did it clearly anticipate the turnaround in 2009, you could have used the copper selloff to anticipate the recent swoon.

And now copper is rebounding, while the market is heading down. Is this an opportunity?

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