Savvy Trades and Investments

[researcher59]

Almost all stocks are at least somewhat correlated to the broader market, so sure copper miners would correct if the market drops sharply. Copper prices are economically sensitive, but the current supply/demand dynamics are favorable. Copper prices could easily continue to rise even in a falling stock market. After all, copper prices fell nearly 50% from 2012 to 2016 while the market rallied 50%. So the opposite could also happen.

So I like TGB, SCCO, FCX and CPPMF long term even if they are at risk of being dragged lower by a short term market correction.