Many still take the view that copper will give vital clues to the genuine health of the economy. It has the nickname Dr. Copper, and if one was to take a simplistic view of the commodity the JJC could be saying that there are green shoots on the horizon. Markets tend to look out 6 months in advance and the double bottom breakout above a 23.16 pivot on Friday is a good sign. This week rose more than 10%, its best WEEKLY advance ever and it was accompanied by above-average WEEKLY volume (of course it trades in an illiquid manner). Below is the chart of one of the more recognizable names in the space with FCX. The name traded with a 4 handle last March and rose to 46 this May. Look for this name to challenge those highs into year-end. The “doctor” may have given the “all clear” sign last week in the materials group. Aluminum was red hot as well with AA jumping 22%. X which has been trading between the round 20-30 numbers added almost 7%. Is the material’s strength a sign of an economy on the quick mend, or are they just responding to inflation fears? No one knows for sure but PRICE action points to these names grinding higher.