A Copper-bottomed Stock

Published on
17 July, 2018
Topic
Commodities, Micro, Trading
Duration
15 minutes
Asset class
Equities, Commodities

A Copper-bottomed Stock

Featuring Tony Greer

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.

Published on
17 July, 2018
Topic
Commodities, Micro, Trading
Duration
15 minutes
Asset class
Equities, Commodities
Rating
19
Sharing

Comments

  • MN

    Michael N.

    16 8 2018 23:21

    0       0

    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 7 2018 15:58

    0       0

    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 7 2018 17:34

    1       0

    The trade will go with the price of copper, bit optimistic to buy in the middle of a metal correction.

  • PW

    Phil W.

    18 7 2018 21:17

    1       0

    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 7 2018 06:07

    0       0

    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 7 2018 06:02

    0       0

    Gold short is doing ok so far, Tony

  • CS

    C S.

    18 7 2018 06:02

    1       0

    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 7 2018 21:55

    9       0

    Always appreciate the way Justine asks questions, perfectly moving the conversation along.

  • SH

    Steve H.

    17 7 2018 21:30

    2       0

    A well-argued case.

  • SH

    Syed H.

    17 7 2018 16:43

    5       0

    He gave you an encyclopedia worth of stats for his justification. Stellar. Go TGMacro.

  • AL

    Andrew L.

    17 7 2018 15:37

    18       0

    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!