Copper has more room to grow over long term: Strategist

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Renewable Energy Technologies News

Copper Prices,Catalysts,Copper Futures

Copper futures (HG=F) has risen over 15% year to date thanks to AI demand and increased interest in renewable energy technologies. LPL Financial chief...

LPL Financial chief technical strategist Adam Turnquist joins Catalysts to explain what copper prices indicate about the overall macroeconomic picture and the commodity's potential future moves.

I think that would be a pretty good entry point if you're looking to get long copper, especially to play this energy transition. I'm not going to ask you to talk about a specific company, but hypothetically, let's say you've got the world's biggest phone maker saying that they are going to utilize A I.

Well, we're watching the supply side there overall because right now it's at levels typically you see um supplies in China elevate to really the 1st, 1st quarter of a part of the year and then they start to dwindle as factory activity increases.

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