William Adams
William Adams
copper correction outlook prospects
If the outlook does deteriorate then the prospects for a correction in copper increases.
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.
continues copper defy needless
Needless to say copper continues to defy gravity.
copper earlier last prices rebound
The reversal...puts copper prices right back into the earlier consolidation zone, which undoes much of the rebound from last week.
copper glass instead packaging steel types
Plastics are being used instead of copper tube, aluminum is replacing copper conductors, steel/tin, plastics and glass are being used instead of aluminum packaging and plastics and different types of coated steel are being used instead of galvanized steel.
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.
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.
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.
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.