(Materials play of the 3 sectors he suggested in remarks under January Effect.) Copper tends to do well from the end of December all the way through to April. The average gain during that time is about 9.3%. This looks great here and he expects some tremendous upside.
(Top Pick Jan4/13, Down 7.97%) Clearly didn’t work out. Commodities did well into January and then they faded. Relative strength faded and absolute trend deteriorated. He called the trade short. Usually it runs until May.
A way to take advantage of copper. Season strength from Mid Dec to late April. 9.3% average gain. Occurs about 70% of the time. You are starting to see outperformance of Copper.
iPath DJ AIG Copper TR Sub-Index is a American stock, trading under the symbol JJC-N on the NYSE Arca (JJC). It is usually referred to as AMEX:JJC or JJC-N
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iPath DJ AIG Copper TR Sub-Index was recommended as a Top Pick by on . Read the latest stock experts ratings for iPath DJ AIG Copper TR Sub-Index.
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In the last year, there was no coverage of iPath DJ AIG Copper TR Sub-Index published on Stockchase.
On 2023-06-07, iPath DJ AIG Copper TR Sub-Index (JJC-N) stock closed at a price of $19.24.
(A Top Pick Jan 3/14. Down 9.51%.) Copper futures. This one did not work out.