Multi-Year Breakout? Copper Miners (Your Market Update Video)

In this update, we dive into the bullish case for the ongoing energy transition—driven by soaring demand from AI data centers and broader electrification—and why copper remains a critical input. We analyze year-to-date performance across broad commodities, highlighting the Copper Miners ETF (COPX) up +35% YTD, and take a technical look at Freeport-McMoRan (FCX) breaking out of a long-term consolidation pattern.