Mike McGlone|8月 18, 2026 11:42
Speculators Elevate Selling When They're Yelling Risks in Copper
Managed money net longs in CME-traded copper at 80,880 contracts are the greatest since 2020-21, when the metal rebounded from around $2 a pound. Approaching $7 now, with speculators the most net long in about five years, copper may be a sell-stop cascade waiting to happen.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tjwxmlkgifpn {BI COMD}
#copper #futures #stockmarket @Bloomberg(Mike McGlone)
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