Copper Got Hot

We're finalising a "State of the Market" presentation for clients of Equitable Investors and have been thinking about different ways to look at how "hot" the Australian sharemarket got.

Here's one chart we put together showing a surge in the level of interest in the daytraders chat forum, HotCopper, as measured by Google Trends

















  • The AFR, the local must-read for investors, has maintained steady interest levels since 2010
  • HotCopper, the home of speculators and daytraders, has experienced a surge in interest
  • “Peak” HotCopper appears to have been January 2018
  • Interest in speculative micro-cap and tech stocks was curbed ahead of the broader market decline in October amid scandals that played out earlier in calendar 2018 such as the collapse of online video review business BigUn and the implosion of logistics app player GetSwift.

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