A Copper-bottomed Stock

Published on
July 17th, 2018
Duration
15 minutes


A Copper-bottomed Stock

Trade Ideas ·
Featuring Tony Greer

Published on: July 17th, 2018 • Duration: 15 minutes

Tony Greer, founder of TG Macro, lays out his bullish trade on mining company Freeport-McMoRan. He highlights why the stock has been able to maintain its uptrend, despite copper’s recent slide, in this interview with Justine Underhill. Filmed on July 12, 2018.

Comments

  • MN
    Michael N.
    16 August 2018 @ 23:21
    FCX getting crushed. Be nice to have Tony back on and let us know what he got wrong. My view, I think it's a combo of tariffs, Grasberg wasn't the lock he thought it was and LME Copper at a new low...
  • DY
    Dmytro Y.
    21 July 2018 @ 15:58
    Hi Tony, FCX is down from USD 20 per share on 01 Jan 2018 to USD 15.75 this Fri 20 Jul 2018. nearly 10 percent down from the date of filming... How to understand?
  • SD
    Sebastien D.
    19 July 2018 @ 17:34
    The trade will go with the price of copper, bit optimistic to buy in the middle of a metal correction.
  • PW
    Phil W.
    18 July 2018 @ 21:17
    Thanks Tony, I don't play in the US markets but I do play in the Canadian markets, I will be watching the likes of HBM.TO. I do get a sense that the comod's are getting over sold at this point...............will be watching Thanks....................
  • CS
    C S.
    18 July 2018 @ 06:07
    Did I mention Tony's gold trade? Comments crap up (last 2 days or so) every time I 'comment' - I see a tabulated programming page. I trust its just me, not a site issue... holding my nose..
  • CS
    C S.
    18 July 2018 @ 06:02
    Gold short is doing ok so far, Tony
    • TG
      Tony G. | Contributor
      18 July 2018 @ 22:08
      staying with it.
  • CS
    C S.
    18 July 2018 @ 06:02
    Gold trade suggestion is doing ok so far, Tony. I didnt hear anybody else on the short side at that time.
  • KA
    Kristian A.
    17 July 2018 @ 21:55
    Always appreciate the way Justine asks questions, perfectly moving the conversation along.
  • SH
    Steve H.
    17 July 2018 @ 21:30
    A well-argued case.
  • SH
    Syed H.
    17 July 2018 @ 16:43
    He gave you an encyclopedia worth of stats for his justification. Stellar. Go TGMacro.
    • TG
      Tony G. | Contributor
      18 July 2018 @ 22:08
      Hey thank you very much.
  • AL
    Andrew L.
    17 July 2018 @ 15:37
    IMHO one of the best Trade Ideas segments yet. The stock narrative, the macro analysis, the technical analysis, the trade parameters, all clearly presented and solidly reasoned. Even if you disagree with the thesis, for those who want to learn from the more experienced this is excellent content!
    • AL
      Andrew L.
      17 July 2018 @ 15:39
      I would love-love-love for these Trade Ideas segments to turn into follow-ups, Every one of them and then we will really learn not how accurate these prognosticators are but how a trader thinks and deals with the reality of a trade. Please consider adding this follow up content @RealVision
    • MN
      Michael N.
      17 July 2018 @ 17:57
      Yes please.
    • JM
      Jeroen M.
      18 July 2018 @ 09:49
      For example, suggest to bring An back on short VIP shop trade last year. Did not work well for obvious reasons, even more interesting to hear her views on current situation and what she learned from the experience
    • TG
      Tony G. | Contributor
      18 July 2018 @ 22:09
      Thank you so much Andrew.