Warning Signs: 2 Materials Stocks at Risk of Implode in January

Two materials stocks, Southern Copper Corp (NYSE:SCCO) and Freeport-McMoRan Inc (NYSE:FCX), are at risk of imlosion in January due to their high Relative Strength Index (RSI) values of 71.4 and 75.3, respectively. SCCO's stock gained 14% over the past month, while FCX's stock rose 25%. Analysts have downgraded SCCO and raised FCX's price target, but investors should exercise caution due to the high RSI values.