• It's Coming...

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

Today we shorted Freeport-McMoRan Copper & Gold (FCX) at $31.94 a share at 10:07 AM EDT in our Real-Time Alerts. Back to the ole well, FCX is one of our favorite ways to be short the Mining Capex (Bernanke) Bubble. We'll be keeping an eye on the US dollar as well - if it continues to strengthen, that won't bode well for Freeport-McMoRan.

TRADE OF THE DAY: FCX - image001