Business cycle and stocks

Freeport McMoran Copper and Gold [FCX 30.45 -0.89 (-2.84%) ] has certainly felt the impact of an uncertain housing market. Copper is a key component for used for wiring and new plumbing in new construction. This has affected the copper producers, including Freeport McMoran Copper and Gold. (Source: CNBC)

The business cycle drives the relative strength of market sectors.

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George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

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