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Marc Haskelson
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Isaac Charts Professional TM system was developed for brokers only to meet the needs of the stock broker. Trying to do the research, asses the stock, come to a conclusion and develop the basis for buying the stock takes an incredible amount of time. Doing research, calling new and current... More
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  • Why Is China Buying Copper! 0 comments
    Jun 12, 2012 5:00 PM | about stocks: FCX

    Reports indicate that China has drastically increased it's imports of Copper. Is this an indication that the country is ramping up building and production or are they just buying at these low prices? China is the second largest economy in the world and is one of the largest consumers of Copper and rare Metals. Any increase to the imports and possible use of these metals may have serious implications to the world economy. Technical indicators will be affected by these variations in the analysis of this data. Computer algorithms, which control 70% of the market volumes , will likely pick up on the change in the expected cycles. Commodities, which are affected by the strength of the dollar, are also affected by the perceived consumption by the largest markets in the world. Investors look at these variations as indications of a good trading opportunity.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: FCX
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  • Why is China buying copper?
    Jun 12, 2012
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