Most copper comes from South America - Chile and Peru account for one-third of the world’s copper output. Here's where it all came from in 2023.

This week's Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.

For all the negative divergences that are likely to serve as a bear trap in the not too distant future, there is still ample room in breadth left to take S&P 500 over the 5,200 resistance so vigorously defended Friday.

How should investors think of fundamentals when it comes to commodities as an asset class? Join the conversation as we get real about commodities, including the best time to invest.

After many weeks in the downtrend the bulls managed to push the price of copper not only above the previously broken 200-week moving average, but also above the upper line of the red declining trend channel