Source: Michael Ballanger 08/14/2024 Even though copper prices bottomed on Thursday, Michael Ballanger of GGM Advisory Inc. still thinks Freeport-McMoRan Inc. FCX is a Buy. Freeport-McMoRan Inc. Copper prices bottomed on Thursday, August 8, right before the Sunday-Monday crash in the Nikkei and subsequent policy reversal by BoJ Deputy Governor Uchida, so any rallies from here, given the 25% pullback off the May 20 top at $5.199/lb., are going to be seen as bear market rallies. Nevertheless, you can make a ...