Hey Market Pilot,
Copper was once known as the “metal with a PhD” because it was a good measure of economic growth since the metal was used widely in the building process (houses, commercial buildings).
The price and consumption of copper had a fairly linear correlation to how much building growth was happening. This was also a signal for economic growth.
Now that the world is in the technology age, are semiconductors – computer chips in all devices – the new indicator for economic growth?
There is so much happening in the market, and traders should get ready for a possible wild ride through the rest of the summer. Learn how my Moxie Indicator™ Mastery Program works through all the volatility. Take a minute to see how we’re moving forward!
Your Profit Pilot, TG