TRADE OF THE DAY: FCX

04/08/13 07:39PM EDT

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

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