Copper Futurescast Articles


CNBC - GEPL Capital's view on bullions, base-metals, energy
By: Jeffrey FriedmanApril 24th, 2012 8:30AM CDT

“The contraction in Chinese manufacturing doesn’t sit well with copper, and the elections in Europe are causing some concern,” Jeffrey Friedman, a senior commodities broker at RJO Futures in Chicago, said in a telephone interview. “Copper is reflecting the worries of all the markets today.” To read the full article wi....
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Copper Losing its Luster
By: Kenneth HughesApril 20th, 2012 8:56AM CDT

Comex copper is up slightly today on the heels of an uptick in the Asian copper market. With no economic news on the calendar today we can take a queue from yesterday’s economic data. The Weekly Jobless Claims were down 2k; however the previous week was revised up 26k. There was a down tic in the Philly Fed Survey which showed growth is qui....
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 - Copper Losing its Luster




Bloomberg - Copper Futures May Fall for Third Day on Signs Demand Will Ebb
By: Frank J. ChollyApril 11th, 2012 12:02PM CDT

Copper may fall for a third day in New York as signs of a worsening debt crisis in Europe and slowing growth in China fuel concern that demand will stall. “Concerns about the health of the global economy are weighing on copper,” Frank Cholly, a senior commodity broker at RJO Futures in Chicago, said in a telephone interview. “The....
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Copper - Setting A Bearish Tone
By: Stephen DavisApril 10th, 2012 8:18AM CDT

As we begin this Monday after a long Easter weekend, we notice a reversal down in a monthly continuation of a copper wire chart. Now it is not the end of the month, nor is it a third of the way through the month, however our interest is aroused. With Goldman Sachs recommending being neutral on commodities, in the short term, if copper wire closes t....
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(HG) Copper Teeters Around Key $3.6935
By: RJO MRTMarch 7th, 2012 7:49AM CST

Technicals, March 7, 2012; 7:40am This week's resumption of 29-Feb's bearish divergence in short-term momentum clearly confirms at least the intermediate-term trend as down. And by virtue of the extent and impulsiveness of yesterday's break, the market has defined yesterday's 3.8830 high as the corrective high and risk parameter ....
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 - (HG) Copper Teeters Around Key $3.6935




Last Trading Day for these DECEMBER FUTURES: NY Copper, NY Gold, NY Silver
By: RJO Futures Market AlertDecember 28th, 2011 1:05PM CST

TODAY, December 28th, is Last Trading Day for these DECEMBER FUTURES: NY Copper, NY Gold, NY Silver;
NY LIFFE Gold (big and mini), NY LIFFE Silver (big and mini); NY Platinum, NY Palladium.

TODAY is Last Trading Day for JANUARY NY Natural Gas FUTURES.

December NY LIFFE Silver futures (big and mini) will cease trading a....
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(HG) Copper Failure Stems Correction, Looks to Resume 2011 Bear
By: RJO MRTOctober 20th, 2011 8:35AM CDT

Yesterday's break below Tue's initial counter-trend low of 3.2575 and, more importantly, 11-Oct's 3.2305 low detailed in the 240-min chart below clearly break early-Oct's recovery attempt and confirms at least the intermediate-term trend as down. This weakness defines former 3.23-to-3.2575-range support as new resistance and yester....
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 - (HG) Copper Failure Stems Correction, Looks to Resume 2011 Bear




Copper Fails While Gold Continues to Rock
By: RJO MRTAugust 3rd, 2011 10:17AM CDT

While the uptrend remains intact on virtually all scales in gold, the copper market's failure below 4.3650 overnight confirms a bearish divergence in daily momentum that, stemming from the extreme upper recesses of this year's range, leaves it vulnerable to a larger-degree, if intra-2011-range relapse. Please review today's Technical We....
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Is the Celing in Sight?
By: Peter MoosesMay 18th, 2011 1:14PM CDT

Copper futures continue to increase but how long is this going to last? Part of the reason this mini-rally may be short lived is because reports on the U.S. housing and manufacturing sectors have come in lower than expected. Since copper is used in homes and buildings for piping and wiring, negative home and manufacturing reports can impact copper ....
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 - Is the Celing in Sight?




ESM2 Jun '12 Emini S&P 525 132775 9:27:53 PM                  GCLM2 Jun '12 GBXCrdOil 29 9310 9:27:54 PM                  ZCN2 Jul '12 GBX Corn 14 6214 9:27:43 PM                  ZBM2 Jun '12 GBX BOND -60 146200 9:27:19 PM                  IDXM2 Jun '12 ICE $Index -44 81480 9:37:33 PM                 


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