Mining is a very cyclical business.
Look at the fundamentals of some of the major components of the ETF over time.
Freeport: net margin anywhere from literally -100% to +20%.
Nucor: -3 to +20.
ArcelorMittal: -12 to +20.
Etc. etc. Basically the growth is unpredictable and they routinely operate at losses for years at a time.
Sector wise, I believe big Pharma(ABBV, LLY, AZN, GSK, MRK) will hold their value and minimize losses. My TDA picks.
On Hood I play a mixed bag, FCX, AMD, LCID, VALE, RBLX, BNTX and CDE. It worked out today(05.19) but not always. Lost some yesterday(05.17) on those.
This is the time to jump on the copper train. GLEN FCX SCCO
FCX I made 20k I think, Commerzbank I exited without a loss (and I'm super happy about that), they dumped hard after I sold, I would still be 50% down if I held... Some stocks are just not that good sadly...
Bought FCX when it was like $40, then bought all the way down to $6 (then I ran out of money) and I think in 2-3 short years it was at break even already $14 was my break even...
Bought Commerzbank back in 2009, took until 2018 until I broke even and immediately sold.
My position is all over the place. I have TSLA, IGOV, PSEC, RMCF, MJ (what a loser this stock is), NBEV, LUV, ELY, MNRL, FCX, TRX, SLV, RIOT, COIN, PII, AIV, HNST, HOOD, JOAN, VZ, VZIO, RGR, VSTO, ASTS, OLN, CFVI, MRK, INVZ, GRAB, MNMD, VLD, BKE, TWTR. I’m holding in pain.
buy containership stocks: ZIM, GSL, SBLK, DAC, CMRE, GOGL;
also buy metals and oil stocks: NUE, CNQ, COP, EOG, E, MRO, OXY, TTE, VET, FANG, MGY, TMST, CLF, CMC, TECK, FCX.
QQQ, CHPT, FCX, LCID, PLTR, and SFMV2
And if I follow your rules, remove Tesla, Microsoft and Alphabet for Palantir, Uber, and Freeport-McMoran (FCX). Speculation is fun :)
Actually, I am looking at $USCI an commodity index. I have done quite well with commodity stocks like Oil & mining this year; but you might be onto something. The companies like $BP, $FCX, $MOS, and $GOLD are getting hit with supply line and inflation costs. Your $SOYB call might be better than going with $MOS right now.
To find the next FAANG stocks, we need to find out what made them great in the first place.
They were in a rising industry, had (or still have) huge moats, pricing power and great return on capital. Most of them (except Netflix/Amazon) had reasonable multiples and they were not that big yet (most were around 400b or less market cap).
>My picks? : AMD ADBE ROKU PLTR SQ
Let's look at them.
Company has huge competition in x86 processors from intel and is basically a non-player in other architectures. The last decade Intel was asleep and has paid the price, but since semi-conductors are cyclical, it is unlikely to see the returns from 2015 onward for AMD.
They do fit the "moat" section of the FAANG stocks, but they mostly appear to professional or a niche. With their price hikes it is clear that they focus on enterprise the most. Could have decent returns, but I don't see them returns 20%+ a year. Also not cheap
This is a Tivo in diguise. Most people want to watch Netflix and Youtube on their smart TV. Does not matter if the OS is from Samsung or Roku.They have 0 moat and are not a potential fang.
They do have a moat, but they lose money head of heels and they have big shareholder dilution. Not a next Faang.
They are a payment provider and there are many of them now. No real moat.
So lets find companies:
- 10-200b in market cap
- Profitable with huge ROIC (at least 25%)
- A "moat"
- Not too expensive (less than 30 P/FCF at least)
- In an industry with a big runway
With Finviz I find these very interesting. Not saying they will have great returns, but for me they look more promising than your picks
- Celanese Corporation
- CF Industrie Holdings
- Dow Inc
> bagholding commodity names like FCX and AA
FDX dad dicks me everytime and never delivers. Maybe I should try some FCX so I can find out how bad the fucking can be from a miner.
Or bagholding commodity names like FCX and AA for that matter.
market direction is a BITCH to figure out.
like today i was expecting market rebound, just didn't know how much.
and Alcoa AA, I was looking for a continuation to the downside, but it got a huge bounce, along with FCX
how the fuck do you play commodities...
AA FCX look bearish
Oh god damn it u/slotronber
6 shares AMZN 16 shares AAPL 5 shares GOOGL 20 shares TSLA 100 shares FCX 100 shares HOOD 100 shares INTC 100 shares LAC 100 shares NEGG 100 shares SWBI 100 shares TLRY 100 shares VALE
Hello looking for some advice on how to not lose my money.
I’m 38 in the USA. Not married or do I have children. I’m in the army and can retire at 40. I’m 25 months from being able to retire. Once I do I’ll be entitled to 2800 a month with a pension (pre taxed) for the rest of my life.
I serve in the United States Army and my net income is 78,000 a year.
I also have 2 Roth accounts. One called a thrift savings plan which has roughly 100k in it as well as a Charles Schwab account that has another 15k
I recently sold my house and collected 175k net profit from that. Ideally I’d like to continue investing my money and hopefully be able to supplement my pension with dividends to the point where I can collect 1200 to 1500 a month.
I have an IT background and a biology degree so I have plenty of lucrative options outside of the military. I was offered a GS-12 government job with the DHS last week.
Given my age and experience and opportunity, I only wish to work as long as I feel I need to. Maybe til 2030?
My risk tolerance before January 2021 was essentially YOLO! Now that everyone has recession fears and expects the market to contract the next 10 years I feel very uncertain.
Oh did I mention I am debt free?
I have moved a good chunk of my profit into a investment account.
Right now I’m holding the following:
6 shares AMZN 16 shares AAPL 5 shares GOOGL 20 shares TSLA 100 shares FCX 100 shares HOOD 100 shares INTC 100 shares LAC 100 shares NEGG 100 shares SWBI 100 shares TLRY 100 shares VALE
Looking at financial safe havens I was considering throwing everything else (nearly 2/3 of what I have set aside) into the following:
XLP XLU WMT
THESE 3 have weathered the last 6 months very well and all yield dividends.
I plan to also contribute 4000 a month for the next two years into my portfolio.
Thank you for taking the time to read this. Any input is appreciated
I'm about to start a job with FCX. Great company to work for, benefits are phenomenal. But I own BHP as an investor because that dividend is just wonderful. Another thing to consider is if these companies keep asset reserves on hand for commodity booms.
SLS, RIO, BHP,&FCX - here are the ones I have atm.
We have quite a bit invested in IVPAF. Ivanhoe mines is newer, but recently started producing and is exceeding all expectations. High grade copper and a LOT of it. We used to be invested in FCX, but switched to Ivanhoe due to the much greater potential for growth
Sweet! FCX is one of the largest copper producers. It extracts copper everywhere from East Congo to Peru to Indonesia, but most of its mines are located in the United States. I’m eyeing that one too as well as Solaris , BHP and RIO. Thinking about looking for more, the more the merrier.
Thanks so much for your help, I'll take notes of this. Oh and if you don't mind me asking any insight or advice to what are the "worst mines you have ever seen" sorry, it really is intriguing.
Here are my list so far.
BHP , SLS , RIO & FCX
First thing first, know that It is important to always pay attention to the stock price. I currently have FCX but I am planning to invest in more than one. I have my eyes on Solaris, seeing how their stock price, as well as their value, have been showing real promise. Not to mention Their project in Warintza their first project acquired in 2020 was promising, and they have already started to explore other regions.
Here’s my portfolio.
1 share AMC
1 share GME
6 shares AMZN
16 shares AAPL
5 shares GOOGL
20 shares TSLA
100 shares FCX
100 shares HOOD
100 shares INTC
100 shares LAC
100 shares NEGG
100 shares SWBI
100 shares TLRY
100 shares VALE
AM I DUM?
Going to have to do some fucking research for pure gold miner plays. Not ones that are dependent on China's demand for copper. You need a new analyst FCX. Just lie through your teeth like MSFT did last quarter.
FCX down 10 percent today, Lordy, probably a decent time to buy some calls 🧑🏻🦼
FCX is dropping over 10% today. Current market price is hovering around $45. Do we still speculate that it has an upside to reach the $98 value?
Since I am overleveraged commodity stocks, and many here are prolly not looking at the sector; it appears that the poor guidance given by $AA and $FCX after earnings are tanking most commodity company stocks today. $FCX is down nearly 10% and $AA is down 16%. Tomorrow $CLF, a stock I no longer own, reports. If Cleveland-Cliff also reports poor guidance the bottom may not be in for many of these stocks so tread carefully.
In full disclosure I added to $MOS today and $HAL the last 2 days. I am willing to admit I might be trying to catch a fallen knife like many tech investors here have since November.
FCX 36P July. Being LOADED
Do you want the stock to be called away each time?
If you sold an ATM call the profit per trade would be higher, but it could also mean the stock doesn't get called away.
Looking at FCX buying 100 shares at $47.03 and selling the 13May 47 ATM strike would bring in about $2.30, or $227 in profit. If the stock gets called away or if it doesn't, you make more than double in this scenario.
As the stock has dropped almost $3 today you can see the risk of CCs . . .
FCX. I wanted to experiment with exposure to commodities involved in Electric Vehicles and saw through my broker at the time of my purchase that there were short-term target prices in the mid to high $40s.
It closed at just over $49 ($49.28) and I decided to let it be assigned despite the price to buy the call back for .28 because I was satisfied with the amount I made on the initial premium.
The way you put it in the last paragraph concerning the unrealized loss risk makes outright purchase of stocks seem far riskier than writing an ITM call since there is no built in value above the purchase price in the form of a premium (apologies if I'm using awkward terminology, I'm still wrapping my head around all of it).
Betting on SNAP and FCX currently we will see how it goes
JPM, PG, FB, BABA, UAL, AAL, GM, FCX
Banks are my favorite trade right now. Don’t overthink it, they’re gonna make more $ this year so I’m with you on JPM. C is my second favorite. Reinvest the dividend back into the stock and you’ll be a happy camper.
If your asking about individual names which I don’t believe you are, I like AA though it’s moved a lot already aluminum from my understanding is one of the harder metals to produce and theirs not many aluminum plays. Rio, GOLD, NEM, FCX, SCCO. Are all ones I’m still holding but I’ve been peeling off my commodities as I’ve been in them for over a year and want to take some chips off.
NUE, AA, FCX have been talked about for ages ever since Biden released his renewable plan early 2021. I don't know what planet you've been sitting on that you didn't hear about them. They simply lost interest after Biden plan got shot down by Manchin, but they were saved by the Russian invasion.
Some implied moves for earnings next week - 337 companies reporting:
Very true. I've been loading up on FCX and SCCO
Bonds have to get above the current inflation rate of 8.5% I would say. There are sectors that are outperforming. If you type in 2 ETF's $XLE, and $GDX and look at the 3 month charts you will see they are above all DMA's. The same with $FCX, $HAL, $XOM, $GOLD, $MOS, $CLF, $VALE and countless other commodity stocks. The problem is most people are overweight tech stocks. So the tech stocks are pulling down the indexes since the S&P is weighted heavily by the market caps of the FANMG stocks and underweight the commodity stocks and dividend stocks since the S&P is weighted by market cap.
Even if you look at $SCHD, it is still above the 50 DMA and outperforming the indexes. Why? It is not overweight tech stocks. It has Coca-Cola, and Verizon, and Pepsico, and Blackrock, and Cisco.
This is a market rotation and not an all out market crash. It just might feel like a crash if you are not diversified.
I’m about to be so rich. Balls deep in MOS BTU XLE FCX
All FDs I forgot to close yesterday and will be rewarded today for my incompetence lol
$AMD, $NVDA puts and $FCX, $GLNG and $XLV calls
Nah moscow mule is legit. Gotta be in the copper mug tho. Pump my $FCX calls
Tbh options action is a pretty good and informative show compared to the clown show that is Mad Money which has a cokehead screaming about buying netflix before earnings because FAANG.
I say this because I've taken a few of their plays and by god they actually made money. They called the top of oil, called FCX running etc.
One more thing I've tried to cover my leap positions as well and that never really worked for me as leap tends to be so much move valuable you cannot let it be called.
What has worked for me is wheeling selected stocks AKA stuff that is in my portfolio anyway. I have basically a 50/50 value growth mix. I always open selling PUTs against falling stocks. As my portfolio is mixed it tends to be value stocks are going up when growth is going down and vice versa so I sell Puts against the red part. If I get called I just take the shares and sell calls usually also selling more puts to the other side of the portfolio which at this point is red. If you are interested my portfolio is below.
It's a large mix than traditionally recommended consisting of 78 stocks which I yearly generally replace 3-5 with new names. I generally try to keep position size about 20k per ticker except for things like GOOG and ASML due to stock price.
OK HERE WE GO AGAIN . selling google and fcx at open and going for eqt
Green by a fair margin. Have beat the average yearly return.
Not a genius or anything. I only buy energy and mining stocks since I know those industries the best.
OXY, VALE, GLNG, NEM, FCX, GLNCY, and a few energy/gold/base metal ETF’s make up about 90% of my portfolio
Personally I’ve tried multiple mining tickers but they take forever to move. (Except for FCX which is owned by every Congress member…) So I prefer to cycle in and out of gold related ETFs. Cost a little more but are leveraged and produce faster. My favorite lately I’d say is JNUG.
All a bit high priced right now, but the top of my watchlist is: FCX ICUI ERII ROK ZBRA
2018 I bought a cyclical stock FCX around maybe $15 a share. For the next two years it dropped all the way down to as much as $6 a share but bought more than to lower my break even price. In 2021 I sold my holdings at $28 a share making a couple thousand. Last I checked FCX is around $50 a share. Buy good companies and wait. Eventually everything does go up.
Companies that mine rare minerals used in the teck industry.
Currently Apple is looking to increase Chip production by investing in Chinese companies that turn raw material into the end product.
One company I'm heavily invested in is FCX A leader in the mining industry.
The chart looks great. Once retail traders hop on... I can see this going well over 100.
The world is fighting for these minerals right now.
The speculative ones like $MP and $LAC. And the boring ones like $VALE and $FCX. Basically any miner except Silver miners. I am also looking for suggestions.
amd,fcx,ba,and a little rail don't really know why ?????? read on here somewhere😂
rail ,ba fcx,amd,and evgo that's what on deck for tomorrow
I honestly don't look at my portfolio this way, so I don't have three. But by far my biggest bet is BRKA shares purchased many years ago, so I guess that is one. Since there are always disrupters and economic cycles, I can't say for sure I'd hold any stock other than BRK for longer than 5 years, tho BRK does cover me on AAPL lol.
Moving into commodity-related stocks in late 2021 is an uncharacteristic huge sector overweight for me, and I sold all my tech (ex GOOGL, MSFT, NVDA) to do this. So atm I'm up to my neck in ADM, DE, MOS, CF, CVX, EOG, SLB, BHP, AA, NUE, FCX, with a CLF trade kicker, minor positions in other ags and energy, plus long metals futures. Not intending to maintain this huge overweight, cuz I suspect the obligatory raw materials and labor cost inflation commentary during Q1 earnings calls is gonna make markets tank on global economic contraction concerns.
Base metals are going to be killing it with the electrification of the world economies, all in on Freeport, $FCX!!!
I agree mostly same big tech + large cap stocks dominate so I post my best small and mid-cap.
But FCX + EQNR both commodity stocks. Extremely volatile.
Fcx mines minerals that are crucial to the tech industry
Natural gas prices are increasing in Europe... With the sanctions on Russian oil Norway and Canada are the big winners, short term and long term
FCX and EQNR are both up 7% since my alert
I'll continue to keep posting good stocks to buy besides the Regular same 5 stocks that are traded on here
A lot more room to run. My high conviction portfolio is 17% FCX
Not actually metal's, just stocks that mine them. ABX, FCX., Valerie BTO, LTHM, LAC, Etc.
Why is everyone talking about the same Damn companies Every day..holy shit my mind hurts when I get on here.
Let me give some companies that you should have bought but still have room to grow
CNQ EQNR FCX
Fcx pretty run up as example, typically doesnt last in my experience as supply over compensates, deflation is still a real issue
HYMC and AG and PSLV and ARRNF and TMRC and REEMF and BKRRF and FDCFF and FCX and NIOBF and SPOFF and UUUU and SPPP and others
FCX has a lot of exposure to gold but is primarily focused on copper. Since they are counter cyclical it usually ends up being a good hedge.
I think SQ is OK company but why it needs to ne garbage that you buy to make moneyback? We are in very volatile market which mean holding negative earnings growth stocks in margin seems like recept for disaster. I mean long term likely up but can bounce 30-40% up down within singe month leading to margin call OP couldn't handle. I bought some SQ(500 shares) and SNOW(200 shares) in last weeks dip but recon its 2024 before I can properly take profits from these. Till then I will be selling covered calls for them.
I bought ANDE, TMST(which will called today as sold cc bit low), PBR, SBSW & CPG in big way start of year and up about 20% + quite bit from covered calls + dividens. I think soon I will get out of PBR and maybe CPG as oil isn't going much higher and instead buy FCX, ARCC and more BX(only if I can enter about 100$ so selling naket puts at that range.) Also considering ZIM & DAC but with current prices I think I missed that train.
My style isn't going do more that 30% a year but they are kind of stocks give 6/1 margin in IBKR if you portfolio margin if you want go that way.
I don't really use margin but for example I have 1.44mil portfolio but account shows buying power of 7.106 mil
I've owned $FCX a few times over the past 2 years. It seems in the past every time copper futures get close to $5; copper sells off and the futures money goes into Silver, so I sold out of $FCX and bought $AG a few months ago on a similar trend. In hindsight it would have prolly been better to just hold $FCX but I am up on the trade, Commodities are so volatile.
CLF, ARCH, GOLD, FCX, ALE, AMZN, NFLX, FB. Natural resources because that’s the industry I work In, And some tech because I figured they will be around/ I don’t know why.
With copper prices skyrocketing, is anyone here looking into FCX?
Spy Mo FCX MSFT googl qqq BAC RTX SPYD SPHD DVY are my biggest holdings
$CLF, $MOS, $GOLD, $FCX, and $AG. I am definitely not diversified but somehow I'm making bank this year.
Eh I wasted about 10 years of gains being cute with individual stocks. I’m in the process of turning into mostly ETFs. I did the math and if I keep it simple I should end up with a lot. SPY , MO , QQQ, MSFT, GOOGL , FCX , BAC, RTX and then Div etfs SPHD SPYD and DVY round out my holdings that make a difference.
IV is too high and in a bear market to be running PMCC, especially for the type of stocks that your planning to run it on. Your going to be underwater on all the stocks that you just listed. The only stocks worth running any kind of covered call or calander spread is stocks like KR, FCX, Fed Ex/UPS, Fertilizer stocks(on a good dip).
Basically you want stocks with good fundamentals but have monopoly pricing power or stocks that deal with food/agricultural.
All the stocks that you listed wont do well for the next couple of years. Too many factors against them. You want to rotate into value with the characteristics I just listed.
google,amd, ba,fcx thats me for tomorrow
I’ve done it 3 times for a total gain of $400 in the last month. Single contracts. It’s probably my best options strategy yet and I’m only buying one contract at a time because I’m in FCX & MOS calls and mRNA puts 4/1 [email protected] 3.60. Up 60% today.
I’m just getting into options trading and testing out various strategies. If you look at the 3 month chart on sqqq you can see easy to call peaks and troughs. Just go with the momentum of the market. This level of volatility is rare. I’ve been trading for 20 years otherwise.
Or you just invest in stocks of companies that mine those commodities.. or ETFs comprising those stocks... for example, MOS, CF and NTR for fertilizer, X, VALE CLF for steel, FCX for copper, HES, XOM, DVN, FANG or the XOP for oil, GDX or GDXJ for gold.
I recently cashed out AA for more than 100% gain. Still holding FCX. Many tickets in materials are ATH. I'm not saying they can't go higher, but I think it's necessary to be cautious at these prices.
Oil has been a terrible investment for years, so I wouldn't count on the current uptick lasting. Gold has almost no use beyond currency hedging, so it's risky. Personally, I'm in copper miners like FCX and steel recyclers like NUE, which are ways to play both commodities and equities at the same time.
However, I wouldn't give up on other stocks either. Tech may be hitting a bottom. Green energy/transport plays like TAN, QCLN and TSLA are rising from last year's dip. I'd stay away from financials, however.
Good thing I didn’t panic sell FCX
Copper coming thru once again
ive been along holder of physical silver and gold just sold my cvx but still got ccj merck,fcx,and ba hope im right
Currently holding calls on CVX, OXY, MOS, ZIM, LNG, FCX, SOFI, CEI, CLF, CF, WMB, CCJ, DNN, AG, SGOL, MPC, MRO, GTE, PBT.
SOFI is the only one that isn't green, and it's a JAN2024 expiry.
The first half of that list I've held for a while. The rest are buys over the last week, after everyone saying "too late" and "priced in."
And no, I am not rich from options...but doing OK at the moment.
The metal & miners are leveraged plays on the metal futures price. So accept crypto like price movements if you get it in. It is not uncommon to be down 5% the day after purchase only to be up 10% a week later. Or down another 20%. $PLM looks like a volatile small cap $VALE or $FCX.
I remember how fun it was back in 2010 when I had FCX shares in my IRA long term, not paying attention to them, and then one day I had 2x more shares, but my portfolio was worth a lot less. And that was after a 2:1 split. But yes, by all means get excited about Amazon's 20:1 dilution.
sold my cvx, still hold amd ba fcx,eqt
>FREEPORT-MCMORAN INC CHIEF EXECUTIVE RICHARD ADKERSON SAYS PRICE OF COPPER HAS TO RISE 'TO MEET NEEDS OF GLOBAL ECONOMY' $FCX
^*Walter ^Bloomberg ^@DeItaone ^at ^2022-03-09 ^10:50:54 ^EST-0500
Not really on the transmission side of things, but a favorite of mine in the electrical infrastructure space is ATKR.
You could also look at materials needed for electrical transmission. They say that the road to renewable energy is paved in Copper. My favorite copper company is FCX but another good one is SCCO.
Right now I’m long on Freeport McMoran (FCX) and I’m still eyeballing some individual claims in NV for lithium which is very capable of producing enough for domestic supply ( and thankfully most of the claims are in the barren wasteland desert)
been in cvx ,fcx,ba,evgo,amd for a few months now been a good run.