iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Don’t Lose Sight of Copper

 

 

 

 

 

Copper is not confirming the strength in the market:

Copper needs to firm up here as it is really close to breaking below 3. It still as time to bounce on support, but needs to be monitored at these levels. Also, check the dollar here, now sitting on support. A continued slide in the dollar would be bullish for stock prices, if you are a bull, we need to see the dollar come in:

Here are a few names I’m watching today: BIDU, GOOG, PCLN, GSVC, PBR, CVI, POT, WLT, GGB, & ETFC

Current $SPX chart:

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