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CEF Weekly Review: Mexico FundJoe Eqcome • Sun, May 12 -
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CEF Weekly Review: LMP Real Estate Income FundJoe Eqcome • Sun, May 5
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CEF Weekly Review: ASA Gold & Precious MetalsJoe Eqcome • Sun, Apr 28
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CEF Weekly Review: MS China 'A' Share FundJoe Eqcome • Sun, Apr 21
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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
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Behind the iPath Copper ETN’s Impressive RallyEric Dutram • Mon, Oct 18, 2010 -
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iPath Copper ETN: Forging Ahead or Under Pressure?Tom Lydon • Thu, Feb 25, 2010
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CEF Weekly Review: Mexico FundJoe Eqcome • Sun, May 12
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CEF Weekly Review: LMP Real Estate Income FundJoe Eqcome • Sun, May 5
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CEF Weekly Review: ASA Gold & Precious MetalsJoe Eqcome • Sun, Apr 28
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CEF Weekly Review: MS China 'A' Share FundJoe Eqcome • Sun, Apr 21
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There are no Transcripts on JJC.
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at CNBC.com (Jul 31, 2012)
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at MarketWatch.com (May 24, 2012)
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at CNBC.com (Jan 17, 2012)
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at MarketWatch.com (Sep 13, 2011)
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at CNBC.com (Aug 29, 2011)
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at MarketWatch.com (May 27, 2011)
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at MarketWatch.com (Apr 28, 2011)
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at MarketWatch.com (Mar 30, 2011)
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at MarketWatch.com (Mar 15, 2011)
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at MarketWatch.com (Mar 13, 2011)
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at MarketWatch.com (Mar 9, 2011)
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at MarketWatch.com (Mar 8, 2011)
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at MarketWatch.com (Mar 7, 2011)
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at MarketWatch.com (Feb 4, 2011)
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at MarketWatch.com (Jan 25, 2011)
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at MarketWatch.com (Dec 21, 2010)
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at CNBC.com (Dec 6, 2010)
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at CNBC.com (Nov 11, 2010)
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at MarketWatch.com (Nov 1, 2010)
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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, February 1, 2012, 3:42 PM Industrial metals enjoyed January's risk rally, with the basket of futures trading on the LME rising 10.9%, led by tin (JJT), up 26.5%. Looking to sink below $3/lb. 3-4 months ago, copper (JJC) has rallied all the way back to $3.84, and resurfaced bullish talk that there's just not enough of the metal being mined. 1 Comment [Commodities]
- Wednesday, January 11, 2012, 5:31 AM A large build-up of short positions by money managers has made copper more vulnerable to price spikes than other metals. Money managers have bet on falling copper prices for 16 consecutive weeks, forecasting sluggish demand on the back of the eurozone's crisis and uncertainty about China's growth. Copper +1% to $3.5494. Comment! [Commodities]
- Tuesday, January 10, 2012, 8:18 AM Even as Chinese import growth slipped to a 2-year low in December, within that figure, copper imports gained for a 7th straight month, hitting a record of nearly 509 metric tons. Not your Daddy's metal anymore, demand for copper in China may have more to do with financing schemes than actual economic use. Comment! [Global & FX]
- Friday, December 16, 2011, 9:37 AM "Two mega developments will impact world copper consumption: the level of global business activity and substitution," writes Simon Hunt, a veteran watcher of the market. With neither factor boding well for the metal, he says, all that's propping prices is copper's financialization. This too will end; "copper prices will fall sharply, and that is almost a given." 13 Comments [Global & FX, Commodities, Quick Ideas]
- Wednesday, December 14, 2011, 11:15 AM Precious metals accelerate their slide alongside the drop in equity markets and the euro. Gold is down 4.5% to $1,589/oz., the lowest price since September. Silver, off 8%, drops below $29/oz. On the industrial side, copper -4.8% to $3.27/lb., still well above the $3 level hit in October. 10 Comments [Commodities, On the Move]
- Monday, December 12, 2011, 11:01 AM Gold suffers its worst selloff in 2 months, down 3.1% to $1,665/ounce as risk is very much off this morning. We forget, is gold supposed to rise or fall when financial markets turn south? On the industrial side, copper slides as well, -3.2% to $3.44/pound. 13 Comments [Commodities, On the Move]
- Thursday, December 8, 2011, 10:08 AM While the stock market has been drifting higher since October, traders have been raising their bets that copper is set to move lower, pointing to a slowing global economy that could become evident in the first half of next year. Copper traders have held a net short position for 11 consecutive weeks, a persistence reminiscent of a similar move in Aug. 2008 ahead of the financial crisis. 1 Comment [Commodities, U.S. Economy, Global & FX]
- Wednesday, December 7, 2011, 2:53 PM Commodities analyst Catherine Virga sees better times ahead for copper: “We’re expecting prices to start moving higher early next year, particularly at the end of the first quarter. In addition to citing Chinese expansion, Virga looks at car manufacturing; with ~50 pounds of copper used to make a typical U.S. auto, "we see improvements in that industry as supportive of copper prices." Comment! [Commodities, Global & FX]
- Wednesday, November 30, 2011, 11:38 AM Commodities enjoy a banner day: copper +7.1% to new highs at $3.62, Nymex crude +1.3% to $101.06, gold +1.9% to $1,751.70. Among stocks: Alpha Natural Resources (ANR +12.7%), Alcoa (AA +5.5%), Freeport McMoran (FCX +6.4%) U.S. Steel (X +11.9%), AK Steel (AKS +9.1%), Allegheny Technologies (ATI +9.3%). Comment! [Commodities, On the Move]
- Wednesday, November 30, 2011, 10:04 AM Commodities and their ETFs are romping, boosted by China's move towards easing and news more dollars are soon to be sloshing around the world. GLD +1.6% (the metal itself is up 2.1%), WTI crude USO +1.7%, Copper JJC +4%. Comment! [Commodities, On the Move]
- Tuesday, November 29, 2011, 3:51 PM Eurozone fallout reaches Chile, where industrial output unexpectedly declined 0.8% in October against an expected increase of 4%. As open of a trade economy as you will find, Chile is especially vulnerable to overseas shocks. Of course no discussion of Chile can go by without mentioning copper and thus mentioning China, so maybe the blame doesn't all go to Europe. ECH -30% YTD. Comment! [Global & FX]
- Wednesday, November 9, 2011, 10:46 AM Joy Global (JOY -3.6%) CEO Mike Sutherland makes the bullish case for copper in a management CC from a Baird industry conference, noting that chronic supply and production disruptions make it "unusual" for a copper producing company to hit its forecast. He also sees the industry "challenged" to meet long-term demand from emerging markets. Comment! [Commodities]
- Wednesday, November 2, 2011, 10:28 PM More tales from the rumored slowdown in China, where steel production is diving, and taking the price of iron ore down with it. "We cannot sell anything," says a steel trader, frustrated he is still receiving product signed for under long-term contracts. The mining giants - BHP, RIO, and VALE - are selling for 5X-9X earnings. Cheap, or value traps? 10 Comments [Global & FX, Commodities]
- Thursday, October 27, 2011, 11:05 AM Copper is the greenest of the green in the commodity sector today, higher by $0.18/lb. to $3.67 and bringing its 5 session gain to 22%! So the good doctor was predicting recession last Friday and boom times today? Time to take back that license. JJC +4.6%. 1 Comment [Commodities, On the Move]
- Monday, October 24, 2011, 3:53 PM Already having a big day, commodities and currencies get an extra boost from NY Fed chief Dudley. "It's possible that we could do another round of QE, we could do QE round 3," he says in response to a question after a speech. Oil is a big winner, WTI +4.5% to $91.31, and in backwardation for the 1st time since QE2 was boss. Comment! [U.S. Economy, Commodities, Global & FX, On the Move]
- Thursday, October 20, 2011, 1:40 PM Freakishly correlated until about a month ago, copper and the S&P 500 have begun to sharply diverge, with stocks in "what me worry" mode while the metal falls. The phrase "Dr. Copper" lost usefulness around the time we stopped paying attention to Elaine Garzarelli. Is copper becoming a leading indicator again? Today: JJC -4.8%, SPY +0.2%. 1 Comment [Commodities, U.S. Economy]
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losbronces: And then there is Tenke Fungurume in DRC, where ownership issues are still pending resolution.
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Stone Fox Capital
LME #copper inventories continue heading straight down. 316K tons lowest since mid 2009. $FCX $JJC - View all 0 replies
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Bruce Whitaker: Hard to say in a thin market like this. Next week we will get a better idea of direction. May bounce near $30 if it gets down there.
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Justin M. Hall
12/19/11 3:33P ET: Surprisingly, Copper (COPX) is holding up fairly well. COPX, JJC, FCX. Hmmm. - View all 3 replies
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Justin M. Hall: However, the charts do not look that bad - at least for now they don't. I suppose it could get worse, but it's not ugly yet.
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Justin M. Hall: UPDATE: TH 1/26/12, we secured gains of 19.2% on COPX after shares hit our $15.50 target.
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screamin187
JJC down 3.5%, not confirming market strength. Something has to give, market fade or copper comeback? - View all 3 replies
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mun2000: good point market is up on speculation not on fundamentals this why the copper is down ,also wait for oil to follow and market too. -
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Michael Stuart
Do you guys know another way to play copper aside from JJC? The bid/ask spreads for puts on it are atrocious! - View all 7 replies
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Michael Stuart: That double bottom called earlier may be the worst call of the day...
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dieuwer: Soon, copper mines will be closed as low prices are unsustainable from a cost perspective.
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