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Southern Copper Corp. Message Board

  • richbonilla richbonilla Feb 7, 2014 12:14 PM Flag

    scco mentioned... +

    Heavy metal investors have had a rough go of it lately, but Jeff Hirsch of the Stock Trader’s Almanac says it’s time to get long industrial copper and precious gold for a trade. In the attached video Hirsch explains how he came up with these contrarian plays.

    “Copper comes into the seasonal low in December,” says Hirsch, “As the industrial season comes into a standstill in December that’s when you see the bottom.” His firm is recommending the iPath DJ-UBS Copper ETN (JJC) and Southern Copper (SCCO) as easy ways to participate.

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28.16+0.09(+0.32%)Oct 27 4:02 PMEDT