David Lin 对 $CPER 的判断变化

2026-09-10看跌
《Oil To 'Break' Everything; Stocks, Bitcoin, Gold Crashing 'Back Down' | Mike McGlone》
铜面临潜在的崩盘(“事故”),其驱动因素是过度拥挤的多头头寸和高企的库存水平。

如果你看过去3、4年的铜,它的波动率是标普500的两到三倍,而且它表现落后。今年它表现不错。这是一场迟早要发生的事故。

And if you look at copper over the last 3 4 years, it trades at two to three times the volatility of the S&P 500 and it's underperformed. Now this year it's performed. That's an accident waiting to happen.

铜到底怎么了?是的,就在今天它下跌了5%。我一直说铜是一场迟早要发生的事故。问题在于,这场事故是不是正在开始?

What's going on with copper? Yeah, just today it's down 5%. I've been calling copper an accident waiting to happen. The question is is the accident starting?