Playing The Plunge In Copper (JJC, FCX)

Dr. Copper has been getting killed recently, leading some to speculate that the run in risky assets is over. If you believe this theory, going short the copper ETF JJC or Freeport-McMoran Copper & Gold FCX could potentially be profitable short-term trades. Freeport-McMoRan Copper & Gold Inc. engages in the exploration, mining, and production of mineral resources. It primarily explores for copper, gold, molybdenum, silver, and cobalt deposits.
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Posted In: Short IdeasTrading IdeasETFsDiversified Metals & MiningMaterials
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