Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
546 people get JJC articles and Market Currents by email alert.
Get email alerts on JJC »
HEADLINES:
ALL
|
PRO
|
FOCUS
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
-
CEF Weekly Review: Aberdeen Indonesia FundJoe Eqcome • Mon, May 20
-
CEF Weekly Review: Mexico FundJoe Eqcome • Sun, May 12
-
CEF Weekly Review: LMP Real Estate Income FundJoe Eqcome • Sun, May 5
-
CEF Weekly Review: ASA Gold & Precious MetalsJoe Eqcome • Sun, Apr 28
To learn more about Seeking Alpha Pro, click here.
-
Copper ETFs Fall To 14-Month Lows On Economic WorriesJohn Spence • Mon, Sep 26, 2011
-
Copper ETFs Fall On Recession WorriesTom Lydon • Thu, Sep 8, 2011
-
Behind the iPath Copper ETN’s Impressive RallyEric Dutram • Mon, Oct 18, 2010
-
iPath Copper ETN: Forging Ahead or Under Pressure?Tom Lydon • Thu, Feb 25, 2010
-
CEF Weekly Review: Aberdeen Indonesia FundJoe Eqcome • Mon, May 20
-
CEF Weekly Review: Mexico FundJoe Eqcome • Sun, May 12
-
CEF Weekly Review: LMP Real Estate Income FundJoe Eqcome • Sun, May 5
-
CEF Weekly Review: ASA Gold & Precious MetalsJoe Eqcome • Sun, Apr 28
There are no Transcripts on JJC.
-
at CNBC.com (Jul 31, 2012)
-
at MarketWatch.com (May 24, 2012)
-
at CNBC.com (Jan 17, 2012)
-
at MarketWatch.com (Sep 13, 2011)
-
at CNBC.com (Aug 29, 2011)
-
at MarketWatch.com (May 27, 2011)
-
at MarketWatch.com (Apr 28, 2011)
-
at MarketWatch.com (Mar 30, 2011)
-
at MarketWatch.com (Mar 15, 2011)
-
at MarketWatch.com (Mar 13, 2011)
-
at MarketWatch.com (Mar 9, 2011)
-
at MarketWatch.com (Mar 8, 2011)
-
at MarketWatch.com (Mar 7, 2011)
-
at MarketWatch.com (Feb 4, 2011)
-
at MarketWatch.com (Jan 25, 2011)
-
at MarketWatch.com (Dec 21, 2010)
-
at CNBC.com (Dec 6, 2010)
-
at CNBC.com (Nov 11, 2010)
-
at MarketWatch.com (Nov 1, 2010)
-
at CNBC.com (Oct 26, 2010)
JJC vs. ETF Alternatives
JJC Description
The Dow Jones-UBS Copper Subindex Total ReturnService Mark is a sub-index of the Dow Jones-UBS Commodity Index Total ReturnService Mark and reflects the returns that are potentially available through an unleveraged investment in the futures contracts on physical commodities comprising the index plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills. The index includes the contract in the Dow Jones-UBS Commodity Index Total ReturnService Mark that relates to a single commodity, copper (currently the Copper High Grade futures contract traded on the COMEX).
See more details on sponsor's website
See more details on sponsor's website
Key Info
- In Your Portfolio: A Guide to Commodity ETFs and ETNs
- Asset Class Performance: Commodities
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, May 22, 9:06 AM Freeport Indonesia (FCX) remains uncertain when it will restart operations following last week's mining accident, news that has helped push copper prices up 2% in global markets. FCX says it is losing production of ~220K metric tons/day of concentrated ore since the tunnel collapse that killed 28 people. Comment! [Commodities]
- Wednesday, May 15, 12:23 PM The tunnel collapse that killed four miners should barely impact global copper supply (JJC) but may spark long-term issues for Freeport McMoRan (FCX +1%), Goldman Sachs says. The shut area represents ~1% of FCX's Indonesian production, but the tragedy could mean strained relationships with unions, tighter government regulation, and questions about a transition of the Grasberg mine from open pit to underground. Comment! [Commodities]
- Wednesday, May 15, 10:36 AM China has temporarily halted 1M metric tons/year of primary aluminum (JJC) capacity YTD and could cut another 300K tons capacity before year-end if metal prices remain low, but it won't solve the global glut, CRU consultants say. China is producing at a rate of 24M tons/year of aluminum; its share of global production will exceed 50% by the end of the decade, when it could reach 42M tons - "quite scary," CRU says. (earlier) Comment! [Commodities, Global & FX]
- Thursday, May 9, 3:06 PM The dollar (UUP +1%) is soaring across the board (not just against the yen, where it's now spiked through ¥100 to ¥100.56). The greenback is threatening parity vs. the aussie (FXA -1.1%) for the first time since last summer, and the euro (FXE -1.1%), swissie (FXF -1.4%), loonie (FXC -0.5%), and pound (FXB -0.6%) are seeing sizable declines as well. Commodities? Red. Gold (GLD -1.1%), Silver (SLV -1.2%), Oil (USO -0.6%), Copper (JJC -0.8%). 5 Comments [Global & FX, Commodities, On the Move]
- Friday, May 3, 5:53 PM Today's jobs report helped juice copper (JJC) prices, which soared 6.8% to stage their biggest single-day gain in 18 months. But copper is still ~10% lower YTD, and perma-bear Al Edwards continues to trust in its ability to serve as an economic indicator. The metal is giving "an early warning that liquidity will not save risk assets: it's time to get out of equities," he warns. 3 Comments [Commodities, U.S. Economy]
- Wednesday, May 1, 10:41 AM Commodities are lit up bright red as weak economic data (here and in China) is a good excuse to end the bounce of the last few sessions. Gold (GLD -1.8%), Silver (SLV -3.6%), WTI Crude (USO -2.6%). Copper (JJC -3.3%) moves to its lowest level in about 18 months at $3.08/lb. The metal hasn't had a 2-handle since the start of 2011. Broad commodity gauge (DBC -1.8%). 5 Comments [Commodities, On the Move]
- Tuesday, April 30, 3:18 PM The fundamentals remain in place to support copper prices, Southern Copper (SCCO +0.4%) says in its earnings conference call. After its Q1 average price for copper fell ~4.5% Y/Y, SCCO expects a recovery in copper prices on stronger demand, particularly from Asia, in upcoming quarters; it maintains its full-year production guidance of 650K tons of copper. Comment! [Commodities]
- Friday, April 26, 12:06 PM A sharp reversal in commodities over the last hour has brought the entire sector into the red. Gold (GLD -0.6%) - looking like it was set to challenge $1,500/oz. an hour ago - is back to $1,452/oz. Silver (SLV -2.3%). WTI crude (USO -1.2%) falls to $92.46. Copper (JJC -1.9%) dives back to $3.18/lb. 13 Comments [Commodities, On the Move]
- Monday, April 22, 1:52 PM Goldman Sachs cuts its forecast for copper prices this year, citing rising global stocks and mounting worries regarding China's growth outlook, but says the selloff in Freeport McMoRan (FCX -0.4%) looks overdone. The firm maintains its Buy rating for FCX but lowers its 2013 and 2014 EPS estimates to $3.35 from $4.53 and to $3 from $3.20, respectively. Comment! [Commodities]
- Monday, April 22, 7:11 AM Goldman gets bullish on copper albeit at a lower price point. After a 13% YTD decline the selloff is "overdone," according to the investment bank which cut its three-, six-, and 12-month estimates to $7,500, $8,000, and $7,000 per metric ton respectively. Although some demand concerns are warranted given the cooling of China's economy, "underlying cyclical growth is likely stronger than the headline figures suggest." (Previously: a bear market in copper) 1 Comment [Commodities]
- Saturday, April 20, 8:25 AM Dr. Copper's diagnosis for the world economy: It isn't well. Copper ended the week wallowing in bear market territory after top copper consumer China reported slower-than-expected economic growth. At this point, weak demand and robust supplies could continue to put pressure on copper prices, or heavy short selling may dry up and spur a strong rebound. 4 Comments [Commodities, Global & FX]
- Monday, April 15, 8:57 AM Freeport McMoRan (FCX) is downgraded to Sell from Neutral with a $25 price target, down from $35, at Citigroup, which cuts estimates for 2014 copper pricing by 13% and warns FCX is likely to have "minimal" free cash flow over the next two years. Mining shares are broadly lower premarket following China's slowing GDP growth and commodity selloff; FCX -4.1%. Comment! [Commodities, Quick Ideas, On the Move]
- Monday, April 15, 6:57 AM S&P 500 (SPY) futures -0.5%, Nasdaq 100 (QQQ) -0.4% as the liquidation in precious metals continues. Other sensitive commodities: WTI crude (USO) -2.5% to $88.76, and copper (JJC) -3.4% to $3.23. 6 Comments [On the Move]
- Monday, April 15, 4:49 AM China's GDP miss and disappointing industrial production data are sending global equity markets lower, as well as copper and oil, which is also suffering from the IEA slightly cutting its demand outlook last week. Japan -1.6%, Hong Kong -1.4%, China -1.1%, India +0.6%. EU Stoxx 50 -0.2%, London -1%, Paris -0.8%, Frankfurt -0.8%, Milan -0.2%, Madrid -0.4%. Oil -2.4%, copper -1.5%. 1 Comment [Global & FX, Top Stories, On the Move, Energy]
- Friday, April 12, 10:52 AM A slide in commodity prices turns into a rout: GLD -3.2%, SLV -4.2%, USO -3%, Copper (JJC) -2.2%. At $1,506/oz., gold is threatening a $1,400 handle for the first time in nearly 2 years. After an early bounce, stocks move to session lows, the S&P 500 -0.7%. The long bond gains three-quarters of a full point, its yield down to a 2013 low of 2.93%. Update at 11:05: Now off 4.3%, gold slips below $1,500. 54 Comments [Commodities, On the Move]
- Monday, March 25, 10:42 AM Hedge funds are the most bearish ever on copper as global inventories expand to a nine-year high; speculators raised net short positions in U.S. copper futures and options by 53% to nearly 26K contracts in last week. “We’re sitting on unprecedented stockpiles," BMO's Jack Albin says. “Demand has been pretty tepid... In the global economy, we’re seeing improving growth, but it’s still at a slow rate." Comment! [Commodities, Global & FX]
-
x oil -field
China temporarily halted 1M metric tons/year of primary aluminum $JJC capacity -could cut another 300K tons capacity. http://bit.ly/15MK8Xb - View all 1 replies
-
x oil -field: $JJC Copper Set to Decline -16% on Elliott Wave: Technical Analysis. Bloomberg http://bloom.bg/14regmq http://abcn.ws/13yuYkS
-
- View all 7 replies
-
-
Dr. Kris: wen: In the interest of seeking alpha, do you have any recommendations?
-
- View all 10 replies
-
Dr. Kris: Still: I still have my K&E. Forgot how to use it, though. Could probably sell it to the Smithsonian. -
-
x oil -field
Copper Drops for Third Day as China Flash PMI Trails Estimates. $MS $YXI $JJC $ABX http://bloom.bg/14L2S9f - View all 0 replies
-
x oil -field
World stocks rally as commodities $JJC retreat Reuters | NDTV Update: April 02, 2013 23:17 (IST) $SLV http://bit.ly/13Q0e1g - View all 0 replies
-
x oil -field
WSJ:HK Shares End Down on China Growth Concern; Developers Slump. $OIL $JJC http://bit.ly/13Vm8Q2 http://bit.ly/ZlDRds $USO - View all 1 replies
-
x oil -field: 'Inflection point' for U.S. economy dead ahead says Morgan Stanley. $MS http://bit.ly/13Vpjaa MarketWatch
-
x oil -field
$GS Goldman leads decline as Wall Street commodity revenues plummet. Reuters $JJC http://reut.rs/10BFPv9 http://bloom.bg/YUTWo5 $GLD - View all 0 replies
-
x oil -field
Hedge Funds Cut Bets to '09 Low as $CORN Goldman Says Buy: Commodities $JJC http://bloom.bg/YUTWo5 $GLD http://reut.rs/WfV4Gf $MAD $COW $GS - View all 3 replies
-
x oil -field: Bloomberg: Saudi Arabia Said to Raise February Oil Output From 20-Month Low. http://bloom.bg/16kraEU -
x oil -field: Parliament Repeats Demand That Osborne Toughens Bank Bill. Bloomberg http://bloom.bg/XgZ8ZR
-
x oil -field
Bloomberg: $GLD Commodities dropped for 5th straight day,longest slump of the year, $FXI Fall on China Concern. http://bloom.bg/YIM353 $JJC - View all 1 replies
-
x oil -field: Bloomberg: China's Stocks Slump to Two-Month Low on Property Curbs Concern. http://bloom.bg/ZHvjNW
LATEST REPLIES
-
x oil -field
China temporarily halted 1M metric tons/year of primary aluminum $JJC capacity -could cut another 300K tons capacity. http://bit.ly/15MK8Xb - View all 1 replies
-
x oil -field: $JJC Copper Set to Decline -16% on Elliott Wave: Technical Analysis. Bloomberg http://bloom.bg/14regmq http://abcn.ws/13yuYkS
-
- View all 7 replies
-
-
Dr. Kris: wen: In the interest of seeking alpha, do you have any recommendations?
-
- View all 10 replies
-
Dr. Kris: Still: I still have my K&E. Forgot how to use it, though. Could probably sell it to the Smithsonian. -
-
x oil -field
Non-agricultural commodities sell off sharply across the board. $GLD -1.4% $SLV -2.3% $USO -2% $JJC -1.1% http://bit.ly/134F7qv - View all 2 replies
-
x oil -field: *Chatter circulates of a troubled hedge fund being forced to exit. Broad commodity ETF $DBC -0.9% $GLD -1.4% http://seekingalpha.com/n/hz9f -
x oil -field: Metal Billionaire Plans Biggest Debt Refinance: Corporate India. $INR http://bloom.bg/ZByx4j $JPM $BAC $BCS
-
x oil -field
WSJ:HK Shares End Down on China Growth Concern; Developers Slump. $OIL $JJC http://bit.ly/13Vm8Q2 http://bit.ly/ZlDRds $USO - View all 1 replies
-
x oil -field: 'Inflection point' for U.S. economy dead ahead says Morgan Stanley. $MS http://bit.ly/13Vpjaa MarketWatch
-
x oil -field
Bloomberg: $GLD Commodities dropped for 5th straight day,longest slump of the year, $FXI Fall on China Concern. http://bloom.bg/YIM353 $JJC - View all 1 replies
-
x oil -field: Bloomberg: China's Stocks Slump to Two-Month Low on Property Curbs Concern. http://bloom.bg/ZHvjNW
-
x oil -field
Hedge Funds Cut Bets to '09 Low as $CORN Goldman Says Buy: Commodities $JJC http://bloom.bg/YUTWo5 $GLD http://reut.rs/WfV4Gf $MAD $COW $GS - View all 3 replies
-
x oil -field: Bloomberg: Saudi Arabia Said to Raise February Oil Output From 20-Month Low. http://bloom.bg/16kraEU -
x oil -field: Parliament Repeats Demand That Osborne Toughens Bank Bill. Bloomberg http://bloom.bg/XgZ8ZR
-
x oil -field
Fitch Says Unless Sequestration Is Replaced Or Modified, Defense Department Spending Will Likely $SLV Be Reduced By $1T Over 10 Years. $JJC - View all 2 replies
-
Bob de'Long: Sounds good to me! Cut, cut, cut rather than kill, kill, kill -
DaLatin: Fitch chosing words poorly ? Do they mean defense spending will increase 1 trillion less ? 2013 spending higher than 2012 & contracts go out
-
- View all 2 replies
-
RETANG2012: RNDY the question is how long can roundy,s maintain earnings to support .48 dividend ? -
-
- View all 5 replies
-
Brennan Basnicki: Yah looks like it. I was really bullish, but a few key trend lines probably will be taken out. Will be seeing how $ANR and $WLT react -
-
x oil -field
Bloomberg: $JJC Copper Consumption in China to Drop for First Time Since '08. http://bloom.bg/RMDCGp - View all 3 replies
-
x oil -field: BBC: Mr.Timothy Geithner and Mr.Ben Bernanke in India amid reforms.http://bbc.in/VIU4uJ $UUP $INR -
x oil -field: SA MarketCurrents:$JJC China Copper consumption dropped 8.5% to 5.6M metric tons,contracting first time since 2008.http://bit.ly/SMV1Sd
-
x oil -field
$JJC The S.E.C. pushes back approval deadline for BlackRock's copper ETF,after approving JPMorgan's offering. http://seekingalpha.com/n/fr9p - View all 1 replies
-
x oil -field: Bloomberg: $JPM Rethinking Copper ETF, Deere Probe Ends, Bats: Compliance. $JJC http://bloom.bg/V8sNAa
-
x oil -field
Bloomberg: Hedge Funds *Cut Bets in Longest Retreat Since 2008: Commodities. $JJC http://bloom.bg/T7j4qE - View all 1 replies
-
x oil -field: Bloomberg: Commodities $JJC $BAL 'Super Cycle' Is Over, Citigroup's Morse Says. http://bloom.bg/ROUD2g
-
x oil -field
MarketWatch: $UUP Asia stocks pressured by exporter losses. $GLD http://bit.ly/OV2r3x $JJC - View all 1 replies
-
x oil -field: Marsh on Monday Archives.Oct. 22, 2012, 2:01 AM EDT Poles won't reject euro,but won't rush to join. Commentary: (€) EU http://bit.ly/QLL4yf
-
x oil -field
MELBOURNE-Rio Tinto PLC RIO Tue. said its mined copper production rose 21% in the quarter from a year earlier. $JJC $GLD Dow Jones Newswires - View all 17 replies
-
x oil -field: The Washington Post: The coal industry would be in decline even without Obama's policies. http://wapo.st/TXeQpV $ACI -
iadops40: the bulk of coal purchases are from emerging markets, and with China starting to turn around there is a sign of life for the coal industry
