Just around half an hour ago, we pointed out that while the rest of the market was surging, one stock - a core commodity bellwether - was not buying it:
no bounce for FCX?
— zerohedge (@zerohedge) January 22, 2016
Fast forward when things have gone from bad to worse for the copper giant: either biggest holder Icahn is dumping his stake or the "real" economy is not buying this short squeeze in commodities, or China was just "unfixed" yet again...
FCX is down 9% as everything else soars.
no bounce for FCX?
— zerohedge (@zerohedge) January 22, 2016