Pete Najarian Thinks Copper Might Be Overheated

Pete Najarian said he thinks that copper might be overheated at the $4 level. Shares of iPath Dow Jones-UBS Copper Subindex Total Return ETN JJC jumped higher today, up $1.28 to $54.72, a gain of 2.4%. Najarian said that if you want to remain the trade, buy some puts on a company like Freeport FCX.
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Posted In: Trading IdeasETFsDiversified Metals & MiningMaterialsPete Najarian
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