WD-40 sold a lot of spray cans and the stock jumped about 15%.
That is honestly a better market lesson than half the stuff on FinTwit.
Everyone wants the clean future trade: AI, quantum, crypto, chips, data centers, whatever comes next. Then a company selling maintenance products reports $195M in quarterly sales, up 24%, with adjusted EPS of $2.33, up 51%, and reminds everyone that the physical world still exists.
That is why I keep coming back to copper.
Copper is boring in the same way WD-40 is boring. It is not a new app. It does not have users. It will not announce a chatbot.
But data centers still need electrical equipment. Grids still need upgrades. Defense hardware still needs wiring. Industrial systems still need power. The more digital the future gets, the more physical inputs show up underneath it.
For the copper watchlist, I keep the buckets separate.
BHP is the global scale name. FCX is the more direct copper producer. AHR.V is a junior copper-gold explorer with major-company relationships. CSE: NRED is the earlier-stage speculative bucket, with Wilmac in BC and MetalCore as the data and targeting layer.
NRED has no resource, no mine and no production, so it belongs in a very different category from BHP or FCX. The things to track there are fieldwork, geophysics, target generation and whether MetalCore helps produce ideas that can be tested.
NFA. The future keeps getting more digital. My watchlist keeps getting more interested in the boring physical things required to build it.