Freeport-McMoRan Stock: Huge Breakout. Now What? (NYSE:FCX)

Freeport-McMoRan ( FCX ) has broken to new 15-year highs, while copper has broken to new all-time highs. This article looks at what is behind the breakout, why it looks genuine, and what could come next.My approach is long-term and I focus on investing in macro ideas through low risk ETFs and CEFs. I have traded stocks and currencies for nearly ten years and currently run a family fund with my partner and fellow SA contributor Andrew McElroy. I also invest in real estate and am a freelance writer and contri ...