William Adams
William Adams
buying change good join looking metals providing reluctant seems
The metals are looking nervous, the sell-offs are providing the dip-buyers with good opportunities but for a change the follow-on buying seems to be reluctant to join in.
accept aspect buy current funds knocks market remain stage until willing
At some stage the fundamentals will become influential again, but while the funds are willing and able to buy commodities, you have to accept that their patronage is the most influential aspect in the market and will remain so until something knocks them from their current thinking.
concerns event external likely ongoing prices supply trends unless upsets
This, and ongoing concerns over supply are likely to underpin prices, so unless some external event upsets the funds, the upward trends are likely to keep prices on the rise.
copper correction outlook prospects
If the outlook does deteriorate then the prospects for a correction in copper increases.
bullish disruption doubt lead metals strike suffering supply three
This is no doubt a bullish factor. Copper, lead and zinc are the three metals that are suffering supply disruption from strike action.
chinese data dollar rebound seems sharp slightly strong weaker
The combination of a sharp rebound in US equities, a slightly weaker dollar and strong Chinese data seems to have been enough to underpin the metals.
generally historic low standards stocks supply threat
Stocks are generally low by historic standards and the threat of supply disruptions hangs over the market.
copper investors market recent reminded risen stocks supply though threat tight
The threat of supply disruptions has reminded investors just how tight the copper market is, even though stocks may have risen in recent months.
age-and-aging bandwidth building capital charge companies flowing leading
There's a lot of capital flowing into 'information-age' companies. These are 25 companies that are leading the charge in building the bandwidth for the world economy.
continues copper defy needless
Needless to say copper continues to defy gravity.
anti good outside save stuff
For a while I was anti working outside of the Peas, because I wanted to save all the good stuff for us.
seemed
My own wisdom, and that of all about me seemed insufficient for the day.
happen needs surprised turns
I wouldn't be surprised if they consolidate for a while. Something else needs to happen before this turns into a rout on the downside.
extent fairly given higher level likely minimal prices push rise seems trends
Given the extent of the rise the level of the pull-back seems to be fairly minimal and after consolidating the up trends are likely to push prices higher still.