Basic Materials

The precious metal could be close to a rally, but petroleum isn't.
Barrick, Glencore and Noble report as energy and metals prices sag.
The commodity's decline may be getting stretched.
It isn't just oil that is sagging, and the slump is weighing down entire economies.

U.S. Steel Makes a Bold Move Real Money Pro($)

After a sharp move upward, U.S. Steel's technicals and momentum are bullish.
It may just be a matter of time before a confirmation from the S&P.
Conditions may be converging to put a floor under the beleaguered metal.
But even in this downswing, there may be opportunities, Williams among them.
Metals prices stink, so use any earnings-related rallies to get out.
Producers must scale back output or prices will keep falling.

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