Copper ETN Could be Ready for a Breather

The iPath Bloomberg Copper Subindex Total Return ETN (NYSEArca: JJC) jumped more than 2% last week, bringing its year-to-date to over 9%, but some commodities market observers believe the red metal could be poised for a pullback. Copper prices are benefiting as investors anticipate greater demand out of China and increased infrastructure projects under President…