Stock Prices for Some W&C Companies Bounce on the News of Declining Copper Inventories

A posting today on tickerspy.com noted the recent increase in cooper stockpiles and this week's bounce in share prices for companies in the copper or wire and cable industries such as Encore Wire, Southern Copper and Freeport-McMoran. It looks like Houston Wire & Cable may be up nearly a dollar a share for the week, too. Check out Kitco's 30-day copper inventory charts to see what's happening with copper.