Showing posts with label FCX $COPPER. Show all posts
Showing posts with label FCX $COPPER. Show all posts
Wednesday, July 15, 2009
HOW ARE MY STOCK PIX DOING?
I've made several calls this month in which the charts technicals indicated entry points. Below is a list of entry level prices (see past posts for more details) and the current intraday price today and the return percentage.
Yamana Gold (AUY entry $8.50 currently $9.43 +10.92%
Apple (AAPL) $141 ~ $146.42 +3.84%
Transocean (RIG) $67 ~ $72.19 +7.5%
China ETF (FXI) $37.15 ~ $38.80 +4.4%
Freeport McMoran (FCX) $45 ~ $50.71 +12.7%
Hecla Mining (HL) $2.53 ~ $2.88 +13.84%
Valero (VLO) $15.82 ~ $16.87 +6.6%
Google (GOOG) $394 ~ $437 +10.9%
Alcoa (AA) $9.14 ~ $10.00 +9.4%
One Sell Lifeway (LWAY) $13.74 now $13.50
Friday, July 10, 2009
Freeport McMoran (FCX) & Copper
Continue to expect volatility and potentially weaker copper prices near term, BUT with China and India reporting that they expect strong growth in 2010 investors should use the neartem weakness to buy. FCX look attractive above $45, if you enter here keep your STOP tight @ $4, price objective $51 for '09 $60 for '10. Citigroup raised its rating on Freeport to "buy", from "hold" Wednesday, while also increasing its price target on the company's shares to $58 from $53. Freeport (FCX) reports quarterly earnings on July 21st.
*click on chart to enlarge image
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