Freeport-McMoran Flying Higher (FCX)

Shares of Freeport-McMoran FCX have gained 5.03% today and are trading hands for $63.92. The stock has tested the $60 level a number of times in recent days, but has found support at this level. With rumors flying that the Federal Reserve may be preparing to step in and provide additional economic stimulus, Freeport (FCX) has notched large gains. Freeport-McMoRan Copper & Gold Inc. (FCX), through its wholly owned subsidiary, Phelps Dodge Corporation (Phelps Dodge) is a copper, gold and molybdenum mining company.