TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.
Freeport-McMoRan(FCX Quote) shares jumped 44% last month as optimistic investors pounced on signs of a potential economic recovery. But they will probably have to wait at least a year to see sustained gains.
Weak earnings, stock volatility and shaky demand continue to challenge the world's largest publicly traded copper producer. Last month, Macquarie Bank cut its 2010 price forecast for copper by 10% to $1.80 a pound. That's a 9% decline from yesterday's closing price of $1.97 on the New York Mercantile Exchange. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.59
|
10 Yr
3.55%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.69%
|
Data delayed 20 minutes |
Connect with TheStreet