|Day Low/High||102.22 / 109.99|
|52 Wk Low/High||46.00 / 128.81|
Let's pay a visit to the charts of the U.S.-based steelmaker.
Throughout the tidal wave of COVID, these managers will be the winners regardless of the Fed, inflation or anything else the aggregate throws at you.
This COVID-19 vaccine is the potential savior of more than just the market.
You don't want to throw away a perfectly good stock because its p/e is high. I would be more worried if its p/e is low.
Even amid the hype about overvaluation, you can still find some deals. Let's dig in.
Also, the NFIB Small Business Optimism Index printed at 99.7 for July, still on the strong side, but well below June's print, and well below expectations.
The charts are bullish, traders could go long this name.
Let's look at Nucor, Cleveland Cliffs, and U.S. Steel.
You have to ask yourself, before you sell something, why are you really doing it?
No, it wasn't Robinhood or the mega-cap tech companies, it was names we depend on like Carrier Global.
Right now, we are spirits in the Materials world.
Let's look at the many positive story lines out there -- which having nothing to do with the Fed -- and what they mean for investors.
The next time you are shaken out because of the action I need you to remember these examples.
The intense rally in NUE makes it look like a cloud or tech name.
Sure you can but any of these, but do not buy all of them because you will be betting against the business cycle.
Getting dizzy looking down from here? Then look up, because we may just be getting started on this market.
It might be too difficult for Jay Powell NOT to raise rates now that the Great Reopening is upon us.
It looks like I will continue to wait before recommending the long side of MLM.
One of the most continual themes in this market is that anything that was liked last year is hated this year.
Here's where there might be a buying opportunity.
We're headed to Boom Town, so let me show you how to line up your ticket -- and the best picks for the great reopening.