October 20, 2021

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Confirmation

Please click here for a chart of copper ETF (CPER).

Note the following:

• Investors are looking for confirmation of the stock market rally.
• A popular method of confirmation is the copper to gold ratio.
• The lower pane of the chart shows the copper to gold ratio.
• Here is the theory behind this confirmation indicator.
  • Copper is known as Dr. Copper because it usually moves up on economic strength.
  • Gold is a safe haven.
  • Copper is an industrial metal but gold is a financial metal.

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Confirmation

Please click here for a chart of copper ETF (CPER).

Note the following:

• Investors are looking for confirmation of the stock market rally.
• A popular method of confirmation is the copper to gold ratio.
• The lower pane of the chart shows the copper to gold ratio.
• Here is the theory behind this confirmation indicator.
  • Copper is known as Dr. Copper because it usually moves up on economic strength.
  • Gold is a safe haven.
  • Copper is an industrial metal but gold is a financial metal.