Mike Gurka Is Bullish On Copper, Wants To Avoid Zinc And Aluminum

Mike Gurka said on CNBC's Fast Money that he is bullish on the basic materials sector. He added that we might find some bargains in the sector, if it dips a little bit more. He didn't say what stocks he would buy. Instead Mike Gurka said that he is bullish on copper, and he would stay away from zinc and aluminum. SPDR S&P Metals and Mining (ETF) XME is struggling today, just like Freeport-McMoRan Copper & Gold Inc. FCX and Alcoa AA.