Copper

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Up 16.5% year-to-date, the iShares MSCI Chile Capped ETF (NYSEArca: ECH) is one of the best-performing emerging markets single-country exchange traded funds. It is also defying weakness in the copper market, an important factor because Chile is the world’s largest producer of the red metal. The iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEArca: […]

Metals-related exchange traded funds have enjoyed a rally this year, but traders and the miners themselves are growing more pessimistic over the future outlook. Over the past month, SPDR Gold Shares (NYSEArca: GLD) fell 1.8%, iShares Silver Trust ETF (NYSEArca: SLV) declined 4.7%, VanEck Vectors Gold Miners ETF (NYSEArca: GDX) dipped 0.2% and iShares MSCI Global […]

As markets move toward the late-cycle phase of the normal business cycle, investors should look to areas like the materials sector and related exchange traded funds (ETFs). With the economy recovery maturing, the materials sector, which is closely tied to the prices of raw materials, have traditionally done well as inflation rises and late-cycle economic […]

Mining stocks, materials sectors ETFs gain momentum thanks to steadily rising metal prices, U.S. employment numbers Miners gained further momentum Friday after the government the U.S. economy added 242,000 nonfarm payrolls in February Markets don’t anticipate Federal Reserve to change its rate schedule in the March meeting The mining stocks and materials sector exchange traded funds […]

South African mining companies experience their best month in 17 years Miners enjoy improved margins due to a surge in prices on raw materials However, South Africa’s mining industry remains vulnerable to slowing global growth The rally in global miners fueled a surge in South Africa’s equities market and country-specific exchange trade fund, with South […]

While the economy languishes, mining stocks and sector-related exchange traded funds are flourishing and are experiencing their best rally since the financial downturn. Leading the charge on Thursday, the iShares MSCI Global Silver Miners ETF (NYSEArca: SLVP) bounced 7.8% higher, Global X Copper Miners ETF (NYSEArca: COPX) jumped 6.3% and Market Vectors Gold Miners ETF […]

Softening their worst week in a month, copper prices and metal-related exchange traded funds rallied Friday on a weaker U.S. dollar and potential production cuts. The iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEArca: JJC), an exchange traded note that tracks copper price movements, jumped 3.7% Friday and United States Copper Index ETF (NYSEArca: […]

Record high temperatures in October may be a prelude to a strengthening El Nino weather pattern, potentially leading to opportunities in the commodities space and related exchange traded products. Last month was the hottest October since records have been kept in the past 136 years and the eighth record-breaking month so far this year, reports […]

Broad commodity exchange traded funds are trading at all time lows as gold, copper and other commodities approach levels not seen since the global financial crisis. Year-to-date, the GreenHaven Continuous Commodity Index Fund (NYSEArca: GCC) fell 17.1%, PowerShares DB Commodity Index Tracking Fund (NYSEArca: DBC) declined 20.8%, iPath Dow Jones-UBS Commodity Index Total Return ETN […]

U.S. equities and stock exchange traded funds regained their footing Wednesday, ending a tumultuous month on a positive note. Over September, the Dow Jones Industrial Average fell 1.5%, the Nasdaq Composite dropped 1.1% and the S&P 500 retreated 2.5%. The best performing non-leveraged exchange traded products over the past month include the ETFS Physical Palladium […]

Commodity exchange traded funds may want to take note of what happened during the last strong El Niño weather pattern. In the last El Niño during the late 1990s, Pacific Ocean water temperatures hit their highest, and now, water in some areas are within 0.9 degree Fahrenheit of previous highs, reports Lucy Craymer for the […]

Copper, along with related exchange traded funds, are on a multi-year decline and the ongoing bear market may get worse before it gets better. Since the February 2011 high, the iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEArca: JJC), an exchange traded note, has declined 54.3%. Year-to-date, JJC decreased 17.5%, the iPath Pure Beta […]

Copper futures bounced back Tuesday, with copper miner stocks and sector-related exchange traded funds leading the charge, on hopes of increased demand as China expands its stimulus measures. The iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEArca: JJC), an exchange traded note, rose 1.0% Tuesday after falling off 8.1% over the past month. COMEX […]

The iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEArca: JJC) is up 13.4% over the past three months, which is good for industrial metals exchange traded products with exposure to the red metal. Copper’s resurgence has also been a boon for the iShares MSCI Chile Capped ETF (NYSEArca: ECH), the lone ETF dedicated to […]

Oil is getting most of the attention, but another commodity has been soaring in recent weeks. Copper, the red metal with supposedly predictive powers about the global economy, is on a tear. Over the past month, the iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEArca: JJC) is up nearly 8.8%. Copper miners, as measured […]

The copper market and related exchange traded funds are gaining momentum and trading back above their long-term trend lines after the red metal experienced its best week since 2011. Over the past week, the iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEArca: JJC), an exchange traded note, rose 7.3%, iPath Pure Beta Copper ETN […]

Some investors may be easing back into commodities and related exchange traded funds as a strengthening global economy, a slowing U.S. dollar and fall off in prices are enticing some bottom fishers. Over the past month, the PowerShares DB Commodity Index Tracking Fund (NYSEArca: DBC) added 3.8%, iPath Dow Jones-UBS Commodity Index Total Return ETN […]

Industrial metals have been laggards in the already downtrodden commodities space for over a year, a theme that has been on display again in 2015. Through the first three months of the year, six of the 10 worst non-leveraged exchange traded products were commodities ETNs with the iPath Dow Jones-UBS Nickel Total Return Sub-Index ETN […]

Commodity exchange traded funds, especially those that track base metals, could fall behind as a slowdown in China diminishes consumptions and cheaper oil helps cut costs in production. Broad commodity exchange traded products have been underperforming other asset classes. Year-to-date, the PowerShares DB Commodity Index Tracking Fund (NYSEArca: DBC) fell 5.6%, iPath Dow Jones-UBS Commodity […]

As traders we are attracted to volatility which is likely to be expected, and as market observers a quiet picture quickly turned unbelievably volatile in the short term always catches our attention. Such is the case in the past seventy-two hours in the Copper futures market, where in ETF land we can reference JJC (iPath […]

Copper for March delivery is off nearly 5.2% today to $2.507 per pound, extending a slide that has taken the red metal to a five-and-a-half year low after the World Bank slashed its global GDP forecast to growth of 3% from 3.4%. After falling to its lowest levels since May 2009 on Tuesday, the iPath […]

The copper exchange traded note dipped Tuesday to its lowest point in almost six years as traders dumped copper on a weaker outlook in China and a potential pullback in oil-services-related industrial activity due to cheaper oil. The iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEArca: JJC) fell 3.4% Tuesday and was hovering around […]

Beginning around mid-February of last year, the price of Copper started to dislocate away from China’s equity market as measured by the largest China focused equity tracking ETF FXI (iShares China Large Cap, Expense Ratio 0.73%, $6.1 billion in AUM), and to a large degree. Trailing one year performance in JJC (iPath DJ-UBS Copper Total […]

A slowing global economy is sending skittish investors out of industrial metals-related exchange traded funds at the fastest clip in over a year. The PowerShares DB Base Metals Fund (NYSEArca: DBB), which tries to evenly split its portfolio with aluminum, copper and zinc futures, now has $279.7 million in assets under management after seeing $53.4 […]

We have talked about the Precious Metals markets as well as the Miners quite a bit recently, and today an important Industrial Metal, Copper, is in focus. Copper is in the headlines not only because it has been weakening for the past several trading sessions, with benchmark ETN JJC (iPath Bloomberg Copper Subindex Total Return […]

Commodity exchange traded funds help diversify an investor’s portfolio, but traders can also dive into the market to pick and select potential opportunities while avoiding duds. According to the Goldman Sachs Group, nickel and palladium are set to outperform in an uneven global economy, reports Glenys Sim for Bloomberg. “While cyclical recovery tends to see […]

After pushing down prices on rising inventory levels, copper traders have turned more bullish, supporting back-to-back session gains in the base metal and related exchange traded note on an more optimistic global outlook. The iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEArca: JJC) was up 0.6% Thursday. JCC has jumped 8.1% over the past […]

Copper has strengthened to a four-week high Friday, with the base metal-related exchange traded funds testing their long-term resistance level, on the revitalized global economy and expanding construction in the U.S. The iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEArca: JJC), an exchange traded note, has gained 5.5% in a little over two weeks […]

China’s crackdown on metal financing is weighing on copper exchange traded funds, sending copper futures to a six-week low. However, some argue that the risks are exaggerated and the sell-off may be overdone. The iPath Dow Jones-UBS Copper Total Return Sub-Index ETN (NYSEArca: JJC) is down 0.6% Thursday while the United States Copper Index ETF (NYSEArca: […]