A Copper!

News of Trump ordering a new tariff probe into copper imports is seeing copper futures rally alongside a premier domestic copper miner like Freeport, below on its daily chart. 

FCX has been underwhelming for a while now in 2025.

However, I have highlighted a potential bottoming pattern with $41 being an upside trigger to usher in a breakout. Copper, indeed, makes sense as being an asset which should outperform with inflation entrenched. And the Trump tariffs could potentially only add fuel to the fire. 

Still, I am waiting for a trigger, since both copper and oil have been rather slippery this winter. 

As for the market overall, NVDA earnings loom tonight. The broad market fade this afternoon seems like it left many speechless, as this morning's action had led to vicious upside squeezes too many times to count over the last five years, at least.