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Keith McCullough: Copper surged 5.2 percent to a record high last week

Keith McCullough: Copper surged 5.2 percent to a record high last week
Copper hits record high last week

Keith McCullough, founder and CEO at Hedgeye Risk Management, reported that copper prices jumped 5.2 percent to reach an all-time high last week.

The surge in copper, often referred to as Dr. Copper for its reputation as an economic indicator, reflects ongoing price momentum in commodity markets.

McCullough has recently highlighted other market milestones. He noted that 54 Nasdaq 100 companies recorded 50 percent year-on-year earnings growth. In a separate update, he identified the top five ETFs featured in Hedgeye’s ETF Pro and Portfolio Solutions. These observations accompany his latest remarks on commodities.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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