|Day Low/High||54.46 / 55.43|
|52 Wk Low/High||47.13 / 68.84|
What we have seen of late from a number of chip producers really might be interpreted as pre-recessionary.
Dow Theory presents tips for surviving a bear market, some top year-end stock bargains and a simple strategy for monthly income.
Let's check out the charts and indicators this afternoon.
Steelmaker Nucor looks like it can rally, but there are mixed signals.
The company's guidance implies that they expect fourth quarter results to deliver higher earnings than Q417.
Let's check the charts and see what they say about the course of prices.
It's time for the central bank to show the same level of concern for their misplaced aggression.
NUE has been in a three-year uptrend, so the major trend is up.
Argus Research details 24 stocks likely to be impacted, one way or the other, by trade wars and tariffs.
Nucor shakes off earnings day's decline, says Trade War is good for the steel industry.
Nucor faces a challenge in developing the necessary production capacity to make high quality automobile sheet metal, according to an industry analyst.
With uncertainty in the front view mirror, odds are Nucor shares will continue to move within a trading range until we have some clarity on tariffs.
The problem for traders in this market right now is that there just isn't sustained follow through.
Cloud stocks, unlike most of tech, are less exposed to Chinese revenue and tariffs.
The best strategy right now for the steelmaker is to buy strength above $68.
But let's forget about the aggregate for a second. This is Mad Money not Mad Trade.
The reason I own Nucor stock is for exposure to events such as this.
Don't stop fretting about inflation, but barring endless tariffs by the president, it is anything but permanent.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer interviewed Nucor's CEO John Ferriola on CNBC's Mad Money.
Fridays are tough because of Chinese retaliation in what's become a hot trade war as the US fights back.
Latest salvo in China trade war damages tech while higher rates and oil undercut consumer goods and housing.
For my portfolio, you can't beat this SBUX competitor -- and for a cup of coffee.
From big box stores to railroads there's one surefire way to move forward.
Doing unpredictable things that are bad even for the businesses he's trying to save makes you wonder.