Peter McGuire analyzes the potential impact of increased tariffs on copper prices, noting President Trump’s revenue-focused agenda. Suppliers face decisions on absorbing costs or passing them to consumers, affecting competitiveness. McGuire anticipates higher copper prices, observing market reactions on COMEX and monitoring LME trading to assess future trends.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty200 pack, eight stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on June 25, according to stockedge.com’s technical scan data.