![280459182_145066571421832_2750604124824676298_n.webp.jpeg](https://quantinsightsnetwork.com/wp-content/uploads/2023/10/280459182_145066571421832_2750604124824676298_n.webp-678x381.jpeg)
$FCX is a fantastic risk/reward short
-Relative to the SPY, just starting to break its uptrend
-Highly cyclical and typically gets clobbered in a recession
-Hurt by $USD strength
-Low p/e means the market is starting to anticipate peaking earnings and a likely decline
#koyfin #investment #investing #charts #etf #stock #market #spy #usd
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