@DamnRay 1 month ago
Copper stocks got crushed
Copper stocks got crushed
dropped roughly 7% yesterday as commodity prices came under pressure. What's interesting is that the stock had been doing really well before this. Not sure how much longer the commodity rally can hold up if oil and inflation stay elevated. What are your thoughts on this?
@JacobFosterr 1 month ago
That pullback makes sense after such a strong run, if oil and inflation stay elevated, copper could remain pretty volatile even with the long-term supply story still looking solid.
