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Top Stock #5: iPath DJ-AIG Copper Total Return Sub-Index ETN

30 Dead Dividend Stocks to Avoid At All CostsThe iPath DJ-AIG Copper Total Return Sub-Index ETN (JJC) seeks results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones-AIG Copper Total Return Sub-Index. Like its parent, the copper spot futures contract, this ETN is in a powerful bull market, and some analysts use the index as an economic indicator.
Note that corrections in this asset are sometimes violent and accompanied by huge volume, which shakes out the weak holders. Recent buying plus a positive stochastic indicate that, despite rounds of profit-taking, the advance will most likely achieve a target of $50 to $55.
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