By Jeff Clark, Editor, Market Minute For as long as I can remember, the price of copper has been an excellent leading indicator for the health of the global economy. When copper is rallying, it suggests a healthy demand for manufactured goods – which leads to solid economic growth. And, when the price of copper falls, it suggests that global demand is falling, and the economy may be weakening. | Recommended Link | | Technology Goes Vertical In 2020
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The price of copper peaked last April. Then it fell for the next six months as the United States and China tried to work out a trade deal. Dr. Copper started sniffing out a trade deal in December, and the price of copper rallied sharply until the deal was signed in mid-January. But, look at the decline in copper since then. The price has fallen 13% in just the past three weeks. In fact, copper has fallen for 13 straight days. I can’t recall ever seeing copper behave this way before. But, steep declines in the price of copper tend to correlate with contractions in the global economy. So this action suggests we’ll see a slowdown in the economy. It also suggests the broad stock market might be set for a decline as well. Take a look at this one-year chart of the S&P 500, and note how it rises and falls with the price of copper… 
You can see how the red and blue lines on this chart line up quite well with the lines on the chart of copper. The action in copper is telling a story that the U.S. stock market isn’t agreeing with yet... So, as traders, we should be asking ourselves… Who should we believe at this moment, the doctor or the patient? Best regards and good trading, 
Jeff Clark P.S. Last Saturday, I shared an essay from my colleague E.B. Tucker, senior analyst at Strategic Trader. He’s found a niche in the market that’s allowed his subscribers to bank triple-digit gains, in under a year… including an 857% gain. He calls them “Omega Shares.” And, tonight at 8 p.m. ET, he'll explain exactly how to profit using these "Omega Shares"… Sign up for your free spot, right here. Reader Mailbag Today we share some kind words from new Jeff Clark Trader subscriber, Susan… Hello to all at Market Minute. I recently joined Jeff Clark Trader and wish to thank you for your great service. Your videos on option trading are clear, concise, and easy to understand. Also, I appreciate the Delta Direct blog and am learning by reading the daily updates. Thank you again and know your efforts are appreciated. Here’s to a great 2020, whether up or down! – Susan Thank you, as always, for your thoughtful comments. We look forward to reading them every day. Keep them coming at feedback@jeffclarktrader.com. In Case You Missed It&hSACAellip; JOIN E.B. TUCKER FOR HIS EXPLOSIVE PROFITS SUMMIT Tonight at 8pm eastern, E.B. Tucker will reveal the secret to accessing "Omega shares." These are obscure securities that are offered by companies directly to institutional investors under secret codes. They aren't stocks, bonds, ETFs, options, or anything else you've likely heard of. And until recently they were practically off-limits to regular folks. Claim your spot at the Explosive Profits Summit. 
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